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USDJPY halting on the longs
U.S. Dollar / Japanese Yen
Short
USDJPY halting on the longs
By ph7global
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Updated
Sep 14, 2017
1
Sep 13, 2017
1. Hovering around the tip of the downward channel
2. RSI shows bearish divergence amongst two highs
Looking at temporary short-term short trade
Sep 14, 2017
Note
Daily volumes are flat while daily bars are decreasing in size - signifies halting longs
Look out for reversing cues
Chart Patterns
Trend Analysis
ph7global
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