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legacyfighter

Ninja Short- Confluence of Horizontal and Diagonal Resistance

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
legacyfighter  
FX:USDJPY   U.S. Dollar / Japanese Yen
4
0
Easy set up to trade here. We have a clear downward trend forming on USDJPY and a nice range for multiple short opportunities. We have price coming back up to touch a major former support level, now turned resistance. This resistance level coincides with a diagonal resistance from its current down trend range. Easy 500+ pip short

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