TomProTrader
Short

#USDJPY: Bears Have Steam- Downside Likely Out Of Range!

FX:USDJPY   U.S. Dollar / Japanese Yen
98 0 10
Traders,

USDJPY             showing weakness at previous resistance level . Price currently in a rounded top at a long term Fibonacci retracement level off of the bearish impulse seen previously. Price is likely to break the base of the rounded top after a dark cloud within the signal ignited the demand from bulls to bears. Move down could potentially be very strong.

I hope you have your own tested trading strategy to trade this move when it starts.

Best regards,
Tom Killick
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