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jojofang0901

USDJPY Missed the Sell ? Watch for bearish continuations correct

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Dollar A.S. / Yen Jepang (OANDA:USDJPY)  
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OANDA:USDJPY   Dollar A.S. / Yen Jepang
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction Wedge
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chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern

Hello traders:

USDJPY had the bearish reversal price action from the top, and strong impulse phase has begun on the LTF.

Price has clearly reverse out of both the LTF and HTF ascending channel, great indication for further downside.

Naturally, price will need to correct before the next bearish move, so wait for a LTF bearish continuation correction, and add in the sell down to the lows

Thank you
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