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piphunters
Aug 11, 2016 1:25 PM

USDJPY: Sell breakout Short

U.S. Dollar/Japanese YenFXCM

Description

The pair is in a smaller degree correction and a break below would be a nice opportunity to go short once more. For detailed analysis on main direction forecast please view


IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit thepiphunter.com and subscribe.
Comments
Boumrah
I agree,but i didn't wait for the BO,because i saw a bearish divergence near the trendline resistance;

piphunters
yes you can enter depending on your strategy instead of waiting for a BO
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