Check on in Usdjpy , what we have got ? one of the which has good success ratio,so will it work in this pair ? We may need to wait for sometime to find the answer. We have another prev. resistance around 110's zone and Usdjpy hit the same area n completed the pattern, so according to this trade setup we can enter short positions.
Take this trade only,(i) if you are pattern trader ( or look for other valid trade setup to short )
(ii) If you have enough patience to hold the trade over weeks
Leave your comments / opinions... Happy Trading !