Mohammeds4x

USDJPY SHORT SETUP

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
3 on MT4
double top 1hr
Three inside down, 15m, 1hr
divergence 1hr
Quarters theory 500 zone


Long term downtrend, at a major zone. Just broke a long term support, and it's about it hit off it as resistance. Based on the way the market has been moving it looks like it's going to make a LH around 108.100 , Larger scale inverted head and shoulder, At 500 zone, we can expect a drop to at least 250.
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