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USDJPY Sell Opportunity

Singkat
Dolar A.S. / Yen Jepun (FX:USDJPY)  
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FX:USDJPY   Dolar A.S. / Yen Jepun
Trend Analysis Chart Patterns Technical Indicators forexsignals forexlearning forexanalysis forextrading USDJPY DJ FXCM Index forexalerts
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trendanalysis chartpattern indicator forexsignals forexlearning forexanalysis forextrading usdjpy usdollar forexalerts
USDJPY in a downwards channel creating lower lows and broke past support now acting as resistance.

Indicators:
1. Downwards channel
2. Downtrend line holding as resistance.
3. Past support broken now acting as resistance (red line).

Entry @ current price of 105.95
Entry @ 106.20 area (bounce of downtrend line.

TP 1: 105.40 area
TP 2: 104.30 area

Good luck trading! Please help like these free analysis so others can benefit from them.
Let me know how I can help.

Charles V
www.cvfxmanagement.com
Trading made simple.
Komen:
If we have a daily close above of downtrend line, stay out or take small loss. Wait for confirmation of close under downtrend line. False breakout very possible, wait until daily close.
Penafian

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