Dólar Americano/Iene Japonês
Viés de baixa

USDJPY back down

48
USDJPY is in a daily downtrend channel since april 2020. Recently the price touched the
bottom of the channel and shoot right back up to the top of the channel. This is just a
simple trend analysis for daily trend continuation. It will not be unlikely that we see
a head and shoulder formation being formed on H1 before heading back down.

Excellent R:R ratio.

I already took short position at the top of the channel and my take profit
is again the bottom of the channel.

Comments are welcome.

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