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PP90_

SHORT POSITION ON $YEN

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
PP90_  
FX:USDJPY   U.S. Dollar / Japanese Yen
1
0
Shooting star formed at end of downtrend retracement

Trendline channel shows price has hit resistance of upper trendline

Previous support held

(retracemnet of .38%)

MA crossover suggest downtrend resumes

Set up also similar on 4hr chart

R:R 3:1

strategy focusing on:
-price action
-support/resistance
-trendlines
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