X5
Short

USDJPY H1, short trade setup (carefully)

X5  
FX:USDJPY   U.S. Dollar/Japanese Yen
80 0 1
Although the bearish ABCD (blue) on H4 chart is still valid, the bearish Gartley projection on this chart, may add some pressure to this pair.

Don´t forget about the divergences ( Sto             13,3,5) on D1 and H4 charts warning about a possible uptrend beginning.

The ABCD pattern on chart H4 can be break and project a 5-0 pattern (more bullish in short term) .

See links below for more info on higher TF’s.

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USD/JPY D1
X5 about USDJPY 10 months ago
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