minhsangqt

USD JPY- uptrend is weaker

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
UJ meeting one of the most strong resistant in this YEAR.
but the Trend: RSI divergence; MACD Divergence = WEAKER trend

We haven't seen any reversal pattern, but if Price is forming a Double TOP ( Which I draw)- I think we will have a big SHORT protential.

Again if we short now- we are struggling with the trend- so be carefull-
BUT the next candle in Week and Day maybe a red one.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.