EdwardFabianRamirez
Short

Reversal on US Dollar / Japanese Yen

FX:USDJPY   U.S. Dollar / Japanese Yen
DISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".

Alright everyone so this pair has been making a support and resistance channel here. Friday's trading session formed a nice pin bar at the resistance level . So what can we expect? The price to bounce off that resistance level . Wait for confirmation on Monday and look for entry.

Safe trading everyone!
Comment: Well everyone theres a lot of volatility here. I think everyone was waiting for the price to drop, traders all waiting for price to drop that it didn't. Lets wait for FED meeting tomorrow.
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