USD/JPY moving into a long term sell

30 thg 12, 2016

The UJ made a short crash through the cloud on Wednesday, it has been trying to punch back upwards but finding strong resistance at around 116.8-117.1, IF it can stay below the cloud long enough for the chikou span to move below the cloud this should indicate a long term downward trend for at least a week or 2.

I am not saying to short it just yet but keep and eye on it :)

Be gentle, this is my first published idea.