Get started
Forex_Society_FedericoGallo

USDJPY SELL SET UP

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Forex_Society_FedericoGallo  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USD USDJPY usdjpyshort usdjpyanalysis multi-timeframe
4
0
trendanalysis chartpattern indicator usd usdjpy usdjpyshort usdjpyanalysis multi-timeframe
This pair has an interesting set up, the price is on a downtrend for the past weeks, making Lower Highs and Lower Lows, right now the price is on a converging bear zone with a strong daily resistance, a .50 FIB level, the descending trend line. To enter a trade, we will wait to see a bearish candle or chart pattern on a lower timeframe.

If you want complete analysis and quality signals contact us on
Telegram: @FedericoGallo - @Mr.Flawlezz
Instagram: @Forex_society
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.