USDJPY SHORT TRADE PLAN

49
The pair has been trading in a bullish global trend supported by the rising trend line on D1 & W time frames. Recently this trend line has been broken down, a possible signal for a continued bearish movement. For now this pair is in a correction phase. I'll be looking for short trades near a mirror level and key zone if the price clearly rejects from these areas.

Please do your own analysis before placing any trades.

Cheers and happy trading !!!!

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.