NoCeilingsTrading

Looking to short USDJPY

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
I have a bearish outlook on USDJPY .

I am expecting price to make one last bullish attempt, before finally dropping as expected.

I think the another minor push to the upside will create a double top or complete the head of the possible head and shoulders formation, from that point on i will be looking for a bearish candlestick to enter a sell.

I believe that price is overextended. Initially price was making both higher highs and higher lows, but price just took off. I believe now price is exhausted on the bullish push and will now make a retracement.

Like if you agree, or if you see something else feel free to comment!
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