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docholliday
Oct 12, 2016 11:19 AM

USDJPY short term sell set up  Short

U.S. Dollar/Japanese YenFXCM

Description

Risky set up so watch R:R, but looks like UJ is setting up to make a flat. Reason to sell is that most will break the bottom and we do not know how low it may retrace - more keen on upside for this pair longer term, however may be worth a small lot size for aggressive traders. Happy Trading!
Comments
docholliday
If you did not get the first flag inside the trendline may have a second chance forming here ..

docholliday
never triggered. higher high alters trend line.. still consider a sell retrace if we get a proper break and consolidation
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