Daily Chart USDJPY short
I was stopped out of this pair on the 4hr trade i took yesterday. Traded during US data release and paid the price.
The overwhelming bearish signals coming out of this pair are too good to leave alone.
Taking a higher time frame look:
Market is protected to the upside by 55 / 100 / 200 MAs
We are approaching 50% retracement
Targets are previous resistance turned support level
The overwhelming bearish signals coming out of this pair are too good to leave alone.
Taking a higher time frame look:
Market is protected to the upside by 55 / 100 / 200 MAs
We are approaching 50% retracement
Targets are previous resistance turned support level
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