Wan_Kasemsri

USDJPY - Sell Setup

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Price looks to be in a H4 & Daily Downtrend. I can see Lower lows and Lower highs. Price looks to be in it's pull back phase and approaching a strong daily zone which has been tested previously if you look to the left. I will be looking for the bullish momentum to deplete and shift as sellers step into the market at our zone, ideally I would like to see a break below our 15min support zone before entering in on the pull back for further confirmation to the downside.
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.