RichTL

USDJPY SHORT IDEA

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is ready for the rejoin its overall bearish movement !

4-5 Confluences are enough to keep an eye on this pair:

1- Daily Trendline Retest (in blue)
2- Daily Trendline break and retest (in black)
3- Demand Zone Retest (in yellow)
4- H4 trendline break (in Red)
5- H4 RSI Divergence

*Trigger would be a Reversal Candlestick pattern around 110.5

Good Luck !
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.