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VladimirRibakov

USDJPY Sell Idea

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
VladimirRibakov  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis USDJPY SELL bearishconvergence Bearish Flag Bearish Patterns
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trendanalysis usdjpy sell bearishconvergence bearishflag bearish
H4 - Bearish Convergence. Currently it looks like a correction is happening.

H1 - Price is moving inside a bearish flag pattern.

If the price breaks and holds below the bottom of this pattern, we may then start looking for sells with bearish evidences.

Invalidation: If the price breaks and holds above the top of this bearish flag pattern then this setup will be invalidated (false breaks can be neglected).
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