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AlexxChan

USDJPY Bearish Divergence

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
AlexxChan Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Forex analysis alexchan jappy yen Divergence Trend Lines priceaction fibo pips education
12
5
usdjpy forex analysis alexchan jappy yen divergence trendline priceaction fibo pips education
USDJPY is showing some bearish divergence. With prices hovering around the 76.40% region and prices losing steam to break higher. I expect prices to head down to around the 61.8% region.
Comment:
Prices are hovering right at the support region. Let's continue to monitor it
Comment:
Comment:
Prices still ranging at the the resistance region

snapshot
Trade closed: stop reached
Comment:
I know a lot of people got stopped out of UJ. Could it be a bank push? possibly. Let's continue to monitor this interesting pair and learn from past mistakes.

snapshot

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