Possible reversal on USD/JPY

Based on 1D chart, yesterday's candle closed with indecision, nicely within the resistance area. There's a lot of potential for a reversal, especially that USDJPY is in major downtrend.

Commentaire:

This setup neither proved nor declined itself yet. We can see that the price seems to reverse though and this may be a good moment to setup the trade. I'll be looking for short entry around 105.20

Transaction en cours

Trade fermée: cible de profit atteinte:

My first target was reached :)