URIFX

USDJPY: Higher Median Line Rejection, Price forms Triangle @RL1

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Major trend (Blue Fichfork): Bull but not reach ML, the price is going to bear.
Current trend (Red Fichfork): Bear & forms triagle near by the Reaction Line 1. Price broke this line a little pips.
Current Wave (Pink Channel): Seem to be end of bull wave, the price break the channel.

Entry: GO SHORT
Target 1: 117,427
Target 2: 115,714
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.