TradingView
UnknownUnicorn410332
Sep 15, 2016 5:58 AM

USD/JPY - Short Bias Short

U.S. Dollar/Japanese YenFXCM

Description

Chart: 30 min time frame
Market: Bearish

1. Daily trend is bearish with price below 50 ema
2. Daily chart shows high test candlestick rejecting 50 EMA + res level @ 102.4
3. 1 Hour chart has price pulling back to 50 ema, and rejecting dynamic resistance (critical to my entry criteria)
4. Price rejecting trend line resistance on 30 min chart
More