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jjstrade123
About me I trade my own capital analysing candlestick patterns on the daily timeframe, in and around market structure. My published ideas are my trading journal.
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USDJPY 100% | 1
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60 chartpattern indicator short swingtrade usdjpy Less Tags Show All Tags
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USD/JPY Short
USDJPY
, 60Short
USDJPY: USD/JPY Short

We have seen 2 indecision candles on the daily timeframe, a doji and a shooting star. These have formed in an area of resistance last tested in June 2015. When we drop down onto the 1 hour chart we can see RSI divergence, indicating a trend may be weakening and also the formation of a head and shoulders pattern. I'm in short with a stop above the head and a...

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