USDJPY: How to Short Wisely? 🇺🇸🇯🇵
Updated
Hey traders,
USDJPY has recently reached a major rising trend line on a 3 days time frame.
Testing that vertical structure the price formed a descending triangle formation on intraday time frames.
To catch a bearish continuation watch 115.53 - 115.63 horizontal support cluster.
It is based on a support of a triangle and a minor rising trend line connecting the higher lows on 4H.
Wait for a 4H candle close below blue support to short the pair.
Goals will be 115.0 / 114.7
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