VasilyTrader

double top + rsi divergence

Short
VasilyTrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen

hey guys,

dollar yen is still standing around a resistance line of a rising channel.

we have a nice confirmation reversal pattern to sell the market.
I will be waiting for a bearish violation of 111.7 to open selling position.

the initial target is based on structure and support line of a rising channel.

the second target is based on a lower support level.

preferably you stop is above tops,
however, you can also set it around 111.9

good luck!
Comment:
Attempt to break support
Trade active
Comment:
hit the initial target

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