Usd/Jpy is trading at a psychological area of resistance right above 134.000 I expect it to fall from this level.
1. Double Top on the 5min time frame 2. After the Double Top on the 5 min time frame , We Got A Sell Signal on the 5min time frame 3. Its a early entry but im going to sell based on min 5 and take profit based on hour 4 ....
So this trade idea is based on support and resistance trading and also a double top pattern on the 5min time frame
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.