USDJPY sell the breakout

Hi there,

USDJPY is struggling at the daily top and forming very nice bearish price action for longer term drop. This is short term setup but if fall is going to be very sharp then you can hold sell for longer term.

How you can trade on this chart.

1. Sell the breakdown

Or

2. Wait for the price to hit the previous high then look for sell from top.

In case price keeps pushing higher and close above then it will change the sell setup.

Please support the setup with your likes, comments and by following on Trading View thanks

Good Luck

Kommentera:

Check the USDJPY update please.