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WaveTrends
Jun 10, 2022 4:14 AM

Usd/Jpy Sell Idea Short

U.S. Dollar/Japanese YenFXCM

Description

Usd/Jpy is trading at a psychological area of resistance right above 134.000
I expect it to fall from this level.

1. Double Top on the 5min time frame
2. After the Double Top on the 5 min time frame , We Got A Sell Signal on the 5min time frame
3. Its a early entry but im going to sell based on min 5 and take profit based on hour 4 ....

So this trade idea is based on support and resistance trading and also a double top pattern on the 5min time frame
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