USDJPY - Short Trade For the Next Week

2020-01-25 00:21:54

When you look at the Weekly timeframe, you will see a bearish engulfing candle forming just at the tip of the trendline support line. When moving over to the Daily chart we already see a drop to the downside as we anticipate a short trade for the next following week. Sell entries can be made from the 30min - daily timeframe and then monitor your trades.