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Deensesay
Mar 23, 2020 6:01 AM

USDJPY Counter-Trend Shorting Opportunity Short

USD/JPYOANDA

Description

Morning Traders

Firstly this week lets check out USDJPY!

The Market is currently in an uptrend crossing the 50EMA heading towards a weekly structure esistance zone that has been tested multiple times in the past. This week I'll be looking for possible counter-trend opportunities to the downside. I'll be keeping an eye on the 4HR Chart for Entries & Exits.

Market Resistance Zone (111.587-112.579)
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