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Vellaiyan

USDJPY - BEARISH SETUP

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Vellaiyan Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY usdjpyshort usdjpyanalysis usdjpydaily usdjpysell usdjpyforecast usdjpyidea usdjpyfib
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trendanalysis chartpattern waveanalysis usdjpy usdjpyshort usdjpyanalysis usdjpydaily usdjpysell usdjpyforecast usdjpyidea usdjpyfib
Hi traders, USDJPY is Bearish . Don't miss this short. It has a huge potential. Currently short term trend is Bullish. Buy at top and hold.

As per my analysis, price action shall further move up to the below targets.

Entry: 111.081 (or) Entry @ CMP
Take Profit: 109.733 (TP1) & 108.386 (TP2)
Stop Loss: 112.429
Risk Vs Reward Ratio: 2

Go short the USDJPY ; Good Luck
Trade closed: stop reached
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