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leggfx

Potential USDJPY short - Ichimoku and Williams %R confirmation

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
leggfx  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators ichimokukinkohyo USDJPY Williams %R (%R)
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trendanalysis indicator ichimokukinkohyo usdjpy williamsr
Potential short on USDJPY, breaking out of the Ichimoku cloud and awaiting close with Chikou below price and Kijun & Tenkan confirmation. 75 period Williams %R below the 50 SMA, I use this on most of my algo based trades as a confirmation of the trend bias. Also dollar looking weak after 4.8% fall in GDP during first quarter.
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