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UnknownUnicorn2215917

USDJPY SHORT IDEA

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
UnknownUnicorn2215917 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Double Top or Bottom USDJPY usdjpyshort short learning trading
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trendanalysis chartpattern doubletoporbottom usdjpy usdjpyshort short learning trading
-Price is below 200 EMA.
-Expanding Wedge formation.
-Bearish divergence; double top on RSI, as price creates a new HH (Higher High).
Comment:
(Journal) due to the large impulse, it seems the bulls have regained momentum and there is a chance that bulls may break out to go higher.
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