SHORT trade analysis on USDJPY.
Graph is looking bearish from upper trendline of Triangle. Price completed Descending Triangle Pattern and is about to be retested, which signalizes bearish continuation. Bearish Engulfing Candle also indicates sell on the chart. On last Higher Lows is seen Hidden Bearish Divergence confirming another fall. Trade idea is also shown on RSI indicator.
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Graph is looking bearish from upper trendline of Triangle. Price completed Descending Triangle Pattern and is about to be retested, which signalizes bearish continuation. Bearish Engulfing Candle also indicates sell on the chart. On last Higher Lows is seen Hidden Bearish Divergence confirming another fall. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
