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MatTheCat

USDJPY, What goes up, must go back down (at least a bit)

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
MatTheCat  
FX:USDJPY   U.S. Dollar / Japanese Yen
Harmonic Patterns Trend Analysis
3
0
harmonicpatterns trendanalysis
Overextended breakout rally, running into high volume resistance level. Long positions will start exiting here, and shorters will start selling. Entry is an conglomeration of Fib extension and retracement levels (not shown), a PoC on previous consolidation, and notch in visible Volume profile.
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