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USDJPY Short Setup for this Week

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Dolar A.S. / Yen Jepun (FX:USDJPY)  
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FX:USDJPY   Dolar A.S. / Yen Jepun
Trend Analysis Chart Patterns Beyond Technical Analysis Forex USDJPY setup SELL USD jpy trading crypto forexsetup
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trendanalysis chartpattern beyondta forex usdjpy setup sell usd jpy trading crypto forexsetup
looking for a pullback on USDJPY then looking for sell setups on the smaller time frame.

if price can hold the 110.000 - 110.500 area we
could possibly see downside from there.
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Scenario #1 trading back to the fib Retracement around the 79.00% - 88.60% and keeping the Risk above 100.00%
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A good confirmation of the downside would be to see if we can hold the 110.000 this is significant to confirm downside this week and going further for this pair.
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Price is Respecting our zone so far at the 110.000 level.
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snapshot

Scenario #1 trading back to the fib Retracement around the 79.00% - 88.60% came into play as you can see price retraced right off the 79.00% level and didn't go any further.
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Beritahu

BeatrizOvalleGallardo
USD JPY largo en espera
Penafian

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