ThinkingAntsOk

"Top and Bottom Analysis" USD/JPY by ThinkingAntsOk

做空
FX:USDJPY   美元/日元
4H CHART EXPLANATION:

Main Items we observe on the Chart:

-Price has broken the ascending trendline
-Currently, price is approaching the Triangle Trendline
-We expect this Trendline will give some type of Support before the breakout

Based on this if the price breaks down with a close candlestick below 108.400 we expect a continuation of the downward movement towards 105.300


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