USDJPY Watch For More Bearish Price Action

17 févr. 2022

Hello everyone:

USDJPY is in the current ascending structure on the higher time frame,
and there could be nice bearish opportunities in the up coming days.

we can see price has made a bearish impulse down, follow by a ascending channel correction,
and the price is right back to a double tops, before the bearish momentum resuming.

Now that price has broken down from the correction,
watch for lower time frame continuation correction as a confirmation to look for sell.

Thank you

22 févr. 2022

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