Kav1ka

Is USDJPY Overbought? I Think So, Really!

Short
Kav1ka Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY kicking stops and taking names. So, what goes up must come down. I mean, it has to go down one way or another. This harmonic pattern says it's oversold although I haven't quite figure out its name. Is it a shark?
Comment:
Sorry, I'm new to this so I don't know how to edit the chart once more, but 113.40 area is the next level resistance.

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.