IvanKumburovic

USD/JPY Monday Sell ?

Short
IvanKumburovic Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
This is still up trend
but short term "sell" trade could be very nice definitely !
As we approached upper line of assending channel we hit doubble top at 15 min.... or even at 1h you can see it ....Then we reversed into smaller trend > > > down trend. So we had impulse and now we are in correction...
Nobody knows how long this correction or bear-flag is gonna last but be prepared to short this on break for short term trade.... or even longer if it breaks down major assending,.... but for that its too early now, so just focus on break of this little flag
Trade active:
Little Update
We are still on Sell Bias
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.