USDJPY - Weekly Market Analysis - August 2018, Week 4

Short

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

supportandresistance butterflypattern askforex100 forex100academy harmornicpattern usdjpy usdjpyshort

Overall Trend for USDJPY still is a bullish move, at least on the daily chart it is, on H1 there is a counter-trend trading opportunity.

At Pt D completion, I will be waiting for a double top before considering shorting this pattern as the market is still on a bull run.

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