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FUNTRADER-Vera
Sep 15, 2018 11:20 PM

1609 USDJPY outlook of next week for 400-700 pips. Short

U.S. Dollar/Japanese YenFXCM

Description

USDJPY is a pair that easily have similar pattern on daily chart.
Both ascending channel are not used for a long trade but for a short trade.
The right one is now waiting for confirmation and entry signal to short down to 108-105.
To do that, USDJPY needs to retouch the middle line or last high and make a decision to break the channel to give bear signal to us.

Less is more!

Comment

Comments
gtomi001
Hi Vera!Please let us know,when to enter,please!Thanks
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