OfficialUBKFX

USD JPY TRADE SET UP

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USD JPY TRADE SET UP.

USD JPY has reached the daily resistance level and is showing multiple rejections and wicks on the daily timeframe, so we are looking to SELL.

We need to scale down to the lower timeframe to find patterns and confirmations to get a sell entry..
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.