Fxprotrader
Short

USDJPY: Watch Closer For a Breakout

FX:USDJPY   U.S. Dollar / Japanese Yen
Price has found several times resistance at the sliding parallel of the median line and most likely we may see it breaking below the sliding parallel above the median line . In such scenario selling will be a clear option. A corrective strcuture will be ideal for us to go short.
Comment: Phase one completed.. Price broke below the parallel.. Just wait now to see if we will have a correction to setup our sell setup

Comments

Very nice channel. Good work!
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Fxprotrader UnknownUnicorn981629
@UnknownUnicorn981629, Thank you :)
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