USDJPY Short Analysis

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We have a channel structure based short position with some MACD divergence.

I actually took the trade on the 1 hour chart on the break an retest of the symmetrical triangle. Target is the yellow rectangle zone.

Will add to position at the previous channel line IF we retest around a 618 fib retracement.
Note
snapshot
Note
snapshot
Bearish PatternsbreakoutdivergencesFibonacciHarmonic PatternsMoving Average Convergence / Divergence (MACD)structureTrend LinesUSDUSDJPY

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