Get started
orvilleawright

BEARISH USDJPY 15 Min: Sell channel top

U.S. Dollar / Japanese Yen (FX:USDJPY)  
orvilleawright  
FX:USDJPY   U.S. Dollar / Japanese Yen
15min USDJPY orville wright Descending Channel consolidation consolidating Bearish Patterns SELL short support Support and Resistance price-action
2
0
15min usdjpy orville wright descendingchannel consolidation consolidating bearish sell short support supportandresistance price-action
Nov 12 2015: BEARISH USDJPY 15 Min: Sell channel top
(Analysis Based on 15 Min chart)

Observations
1. Slight down trend which is apart of the 1 hour flag pattern
2. Consolidation

NOTE: Wait for price action to confirm the importance of these levels.

If you find this information useful. Please hit the LIKE button.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!

Related Ideas

orvilleawright
BULLISH USDJPY 1 Hour: Buy flag pattern breakout
orvilleawright
BEARISH USDJPY 4 Hour: Price at up channel top
orvilleawright
BEARISH USDJPY Daily:RSI overbought with hidden divergence
orvilleawright
BULLISH USDJPY Weekly:Breakout of narrow range consolidation
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.