USDJPY, Short on a Potential 3.5R Setup

Updated
Signal Alert - Sell Limit-USDJPY @ 113 , TP @ 173 Pips

- Price broke structure and retested a previous support with significant rejections and momentum confirmation for further downside
- Strong bearish candles are presented, with a broken out psychological level @ 113.00, opening up a bearish trading range towards next major support level

Price: 113
SL: 113.49 (49 Pips)
TP: 111.27 (173 Pips)
Trade closed: stop reached
Stopped out, but setup is still valid for downside movement
Trend Analysis

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