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USDJPY BEARISH SCENARIO??

Price has touched the oct 18 down-trend channel and fell to 107.80 in two waves. So now my thoughts are that we could see a third wave down maybe to 107.00! Lets see!

Any thoughts?

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Note

Price is sitting below 108.50, if we see some bearish candle formation, we going in scenario B! If daily close above 108.50, we might consider going long

Note

Fundamental messed the setup, but we managed to take some profit when it spiked down to 107.80! Will update soon

rodriguesths

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rodriguesths