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GemtradesFX

USDJPY SHORT - Very bearish weekly candle, closed below 50 EMA

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
GemtradesFX  
FX:USDJPY   U.S. Dollar / Japanese Yen
Fibonacci Trend Lines USDJPY Trend Line Break gemtradesfx
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fibonacci trendline usdjpy trendlinebreak gemtradesfx
DAILY TIMEFRAME
- We have seen some rejection off the trend line on the most recent daily candle, I would be looking for a pullback up to the 'Golden Pocket' area of the fib, and rejection of the 50 EMA. If we get this, I will be looking to be shorting this pair, potentially long term.
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