USDJPY | Rejected by Ichi Cloud

Please support this idea with LIKE if you find it useful.

Initiate Short.

Entry - 109.040
TP1 - 108.808
TP2 - 108.507
TP3 - 108.189
TP4 - 108.000
SL - 109.110

Reason: The price was rejected by Ichi Cloud resistance. Also the shape of Ichi Cloud shows us the strenght of this downward movement.

Previously in my idea on this pair I did not notice the price formed a double top, which is not a good signal at all.

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.