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U.S. Dollar / Japanese Yen
Short

POSSIBLE SHORT OPPORTUNITY ON USD/JPY

By Jay223
Updated
I'm waiting for price to break these two red support lines and then create a higher low for structure and then a bearish engulfing for a short entry.
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*create a lower high excuse me
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Price is starting to play out nicely for the second red support line. Just waiting for price to show a bearish engulfing setup on 1hr chart
Beyond Technical AnalysisbreakofstructureChart PatternsmarketanalysismarketstructurestructureTrend Analysis

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