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USD/JPY Bearish View

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ThinkingAntsOk  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis USD jpy usdjp short Bearish Patterns analysis setup
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trendanalysis supportandresistance mtfa usd jpy usdjp short bearish analysis setup
🔸4H CHART EXPLANATION:
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🔸Price bounced at the Support Zone and started a nice bulish move, however, it couldn't surpass the Resistance Zone.
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🔸Instead, it has been rejected, and now it is breaking the Ascending Trendline of the current structure.
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🔸If the breakout is confirmed and price consolidates below, we may see a bearish move towards the Support Zone.
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🔸 Will look for a lower timeframe bearish setup.

🔸DAILY CHART ANALYSIS:

snapshot
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