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MikePips

USDJPY Longterm Short Possible.

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
MikePips Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
descending Parallel Channel continuation Bearish Patterns long-term
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descending parallelchannel continuation bearish long-term
For this trade I'll be using price action with fibonnaci levels to find entry and exit points. I already entered the trade with low volume.
I am expecting this trade to be open for 30-60 days based on most recent price movement. Feel free to like, comment, or share you trade ideas here.

The red line is the sort of movement I am expecting.
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USDJPY
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I'm changing expected trade time to 60-100 days.
Comment:
I have decided to close this trade at the first tp and only look to reenter short if we see a breakout but I am not confident that the bottom trendline will break.
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