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USDJPY The 4hour MA50 is the sell signal you want

Short
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
TheCryptagon  
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY Forex USD jpy DJ FXCM Index japaneseyen
4
0
trendanalysis chartpattern indicator usdjpy forex usd jpy usdollar japaneseyen
USDJPY is trading inside a Falling Megaphone pattern.

Every 4hour MA50 test since Nov 16th has been a sell signal, with the price action producing 5 so far.

Sell on the next near test. Target the dashed line at 140.000, which is also near the 1 year Rising Support.


Previous chart:

USDJPY Near the Channel's top. Start selling.

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