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CryptoHotep

USDJPY | Hitting Massive Resistance Again

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
CryptoHotep Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators short USDJPY usdjpyshort supportandresistancezones priceactiontrading tradeidea
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trendanalysis chartpattern indicator short usdjpy usdjpyshort supportandresistancezones priceactiontrading tradeidea
We have USDJPY approaching massive resistance again (similar to July 2022) and with a slight rejection. Waiting for the come back to the zone area (create a double topish pattern) and a possible sell at a RSI high point.

Nothing complicated here, just rinse and repeat with price action and a target nearing 50+ PIPS.

This is a short term trade as I think the momentum will push USDJPY ultimately pass this zone.
Trade closed: target reached:
Target reached: 81 PIPs 🎯
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