USDJPY SELL OFF?
Breaks:
trend-line structure
Daily resistance (111.775)
Entry: Retest of trendline/daily 111.775)
Look for candle stick confirmation before entry
Target:
1. If price stays under daily (111.775) look for the gap at 111.120 to be filled.
2. Weekly (107.865) unfilled gap
Keys to note: Huge bearish candle + Potential EMA cross.
trend-line structure
Daily resistance (111.775)
Entry: Retest of trendline/daily 111.775)
Look for candle stick confirmation before entry
Target:
1. If price stays under daily (111.775) look for the gap at 111.120 to be filled.
2. Weekly (107.865) unfilled gap
Keys to note: Huge bearish candle + Potential EMA cross.
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