MarketMinds

USDJPY sideways moviment before goes down pattern.

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hello Traders,

Today I am gonna be doing a quick analyses on USDJPY, witch this pattern repeated every time when the price comes near of this important Resistance level, we basically have an acumulation sideways before the price have a strong downtrend moviment.
The Short entry must be bellow this acumulation, the Long entry only if the price breaks this Important resistance and acumulate above or made a pullback to test as support.

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