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lluiszardoya
Dec 29, 2016 9:59 PM

UsdJpy waiting for Sell Confirmation Short

U.S. Dollar/Japanese YenFXCM

Description

We've recently seen UsdJpy rally like crazy. It has now stopped at the Daily Key level. a distribution triangle has been formed and now it is moving sideways on the lower timeframes. We are waiting for a flag pattern to form to be able to get a big bearish move.
Anyway, we are on holidays and the markets will be acting strange as the New Year is coming. No big risks will be taken on this trade.
Merry Christmas to All !!!!!!!
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