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OnlyProfits888

USDJPY Possible Re-accumulation

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
OnlyProfits888 Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Trend Analysis Beyond Technical Analysis
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chartpattern trendanalysis beyondta
I will be looking to short from the current area as I see the last move up (Upthrust) as a bearish signal and false breakout to trick inexperienced traders. There is a lot of unrecovered green space below to be recovered before a push up.
Comment:
Looks like price may be moving higher in the coming hours. I will be keeping an eye on the economic news for a possible test of the above supply zone. I am still thinking price will still move down before any other significant movement up will be made.

snapshot
Comment:
Looking out for a potential bull pennant to form

snapshot
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