USDJPY - Bearish Shark and Ed Channel

OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hey guys, this is the first idea of the week.

I am looking closely at USDJPY .

H4 - Trend is down, short on retest at top of channel.

Look out for no demand bars or buying climax at top of channel.

Check out my 2min video to see how I mapped in a bearish shark pattern to short with the trend.


USDJPY is approaching the 107.70 I mentioned in the video.

It is good to keep a closer watch on it as a setup that could be ready tomorrow.

Remember, wait for a rejection candle at the top of channel before executing any shorts.

This rejection candle should either be of extreme high vol or extreme low vol.
Good evening, fantastic! It was totally super!
+1 Reply
Thank for the video. Hope to see more of these analysis in the future. Love it!!
+1 Reply
TerryHarmonicTrading JayyaOnsomkrit
@JayyaOnsomkrit, glad that you enjoyed my analysis. Feel free to pm if you have any questions!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out