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Vitt3x
Oct 25, 2017 4:32 AM

USDJPY Multiple Short Signs Short

U.S. Dollar/Japanese YenFXCM

Description

The short call is still valid.

FX:USDJPY has now an Island Top Pattern, Double Top and a kind of a Top Tower. Moreover you can see a huge divergence on MACD and the U.S. Dollar Index is building up a bearish wedge pattern.

It's a clear go for shorts.

SL shall be around 114.500+ and TP around FIB 38.20%.
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