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theselfishtrader

USDJPY - Inside bar breakout

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
theselfishtrader  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY dollaryen Forex forexsignals swingtrading
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trendanalysis chartpattern indicator usdjpy dollaryen forex forexsignals swingtrading
Price has broken back into an area of former congestion (108.8 - 106.8) and has fallen to test the lower range after a double-top
Price action has now stalled and is showing some indecision, forming an inside bar.
Trading the break of the mother bar to the downside should see a restest of recent lows (see chart)

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