victormcastanonc

USDJPY 1D Short Falling Wedge

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
1D Falling Wedge Sell
Price is moving inside a Falling Wedge just touched the bottom part of it, there is a RSI divergence so i'm expecting the price to move a little bellow a resistance close to the upper limit of the wedge around 104-104.5 since it's clear to me this pair is downtrending i wont operate bullish but i think there is a Sell oportunity between 103.60 104.00 with SL 104.90 TP 102.9 if price doesn't go up i'll sell it if it breaks 102.85 to the wedge objective which is around 99.50, besides there is a 1W triangle which already broke down, with an objective around 94.50
Bellow my 1W view


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