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USDJPY H1 Sell Setup : Valid for next 5 -8 Candles

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
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FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Trend Analysis Technical Indicators short usdjpyshort usdjpyanalysis usdjpydaily daytradesignal
4
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chartpattern trendanalysis indicator short usdjpyshort usdjpyanalysis usdjpydaily daytradesignal
Pair is already trading above a major Resistance Zone @110.00. Volume is looking to decrease for the Buyers, which could ultimately lead to an increase in Selling Volume. If the Selling Volume do increase and break the threshold within next 5-8 candles of this setup then it would be a valid signal to enter at the Entry Level if it hasn't already been breached.

Remember, this setup is only valid for next 5-8 candles. Sometimes, simple setups are the best setups.
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