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U.S. Dollar / Japanese Yen

USDJPY SHORT

By SuvenRaj
From my view , USDJPY is reaching ending diagonal channel and also weekly and daily Supply Zone. It also confluence with the Daily resistance trendline. I will be taking a short trade at the swap zone and will monitor the price action. If the price is able to break the channel and form a new low then I will hold the trade or else I will close. Lets say if the price keep on moving up, I will Cut Lost if the Daily candle close above the head level! Thanks
Chart PatternshnsSELLshortSupply and DemandSWAPZONETrend AnalysisTrend LinesUSDJPY

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