UsdJpy Trade Idea
With UJ respecting a daily resistance level and lower time frames showing a shift in structure I've decided to go short for a possible 1:3rr with targets right around the daily support. All time frames are in sync at the moment so I'll personally be bearish on UJ until price breaks above the last high to show another possible shift in the market. We'll see happens.
Trade closed manually
Closed with small profits. There's a low around 157.3 that I want to see get broken and retested before going short.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.