Looking at USDJPY we have too many factors showing to sell this market. After a massive fall price started recovering having having completed three patterns. An abc corrective pattern, a bearish ab=cd and a bearish gartley. A strong bearish divergence with RSI is adding to our thoughts to go short with this one. Finally we can see that price broke the lower parallel of the wave c channel.
Stoploss and profit target as shown at the chart.
Stoploss and profit target as shown at the chart.
