DikotoMandengue

USD/JPY SHORT - Double Top on Weekly Resistance

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USD/JPY SELL,

Talking points,

Technicals:

Double top at weekly resistance, the reversal patterns are allready in play. Trendline breakout can confirm downtrend.


Fundamentals:


Some japanese Middle impac news next week. Thanksgiving US Holiday (Thursday & Friday),

Sentimental:

the bullish tide in USD/JPY is showing signs of shifting heading into a holiday-shortened week for US traders.
Trade active:
Pullback to the trendline perfect place to set a sell
Trade closed: target reached: Raining pips

Comments

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