TradingView
MarketMinds
Feb 17, 2020 2:47 PM

USDJPY sideways moviment before goes down pattern. Short

USD/JPYOANDA

Description

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.

Please push the like buttom and follow us on Tradingview

More