USDJPY Short possible 500 pip+

Updated
USD/JPY Short with a 500 pip possible profit.

Commercial traders (hedgers) are extremely long the JPY against the USD, they are at the same extreme they where in July 2017 against Non Commercials (Speculators) which are extremely short.

We always go with commercial traders smart money to get the odds on our side.

Trade active
Note
Hi all Looks like it started to move down lets see :) enjoy the ride
Note
We saw a big move to the down side on Friday lets see how much more we can get next week. I hope someone took this trade with me and is making some profits. comment below if you did and if you want me to post more trades like these.
Beyond Technical AnalysisCOTFundamental AnalysisjpyshortsetupUSD

Also on:

Disclaimer