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ChrisMark

USDJPY Daily Chart.Looking to sell the abc correction

Kort
USA-dollar/Japansk yen (FX:USDJPY)  
ChrisMark Uppdaterad   
FX:USDJPY   USA-dollar/Japansk yen
USDJPY Daily Charts short SELL Bearish Bat Bat
142
17
usdjpy daily short sell bearishbat batpattern
Hi guys ,
I am looking to sell the rally of USDJPY after this big impulse.
Price is on the descending trendline , where a Bearish Bat is formed. Fifth wave may end for an abc correction to follow . RSI(14) is overbought.
If we break up the trendline, we will watch for a flag to confirm the move up.
Take care
Kommentera:
took a while, but first target hit
Kommentera:
Expecting drop
snapshot

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