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arod91

$USD/JPY Bearish

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
arod91  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis USDJPY usdjpyshort Forex forexsignals short Bearish Patterns
3
0
trendanalysis usdjpy usdjpyshort forex forexsignals short bearish
The behavior of 4Hrs candles temporality shows that the price has touched the downtrendline (resistance), and popped out a pin bar that reinforces the probability for a bear rally through the next days. As well, the RSI confirms the downtrend with +70, meaning that the pair shows signs of being overbought.

Entry: 110.112
TP: 108.694
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