forexlyfeanalysis
Short

USD/JPY SHORT & BEAR PLAY

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
USD/JPY has been on in a rising channel making decent HH & HL, with a decent and clean market structure. The market broke out of the trendline with the first impulse push and later started the exhaustion move to the upper resistance area , Market has fully exhausted its bullish push and UJ bear market has come to stay. The bullish daily engulfing at the zone is a clear sell signal and the market is on its way down. I expect the price to get to all the TP areas.
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