Shorting USDJPY after a Double Top or a .886 Retracement

Short

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

USDJPY

usdjpy

118 is a very strong Resistance Level and breaking above 118.650 only means 123 is next.
I wouldn't be short on USD while its year end and alot of crazy things happening around the world right now since USD is a safe haven and has a great outlook of 3 rate hikes in 2017 as per Chair Yellen.

Shorting half the amount I usually trade .... just to avoid waking bulls on the NY Session.

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