Short

USDJPY Short Setup for this Week

Updated

looking for a pullback on USDJPY then looking for sell setups on the smaller time frame.

if price can hold the 110.000 - 110.500 area we
could possibly see downside from there.

Note

Note

Scenario #1 trading back to the fib Retracement around the 79.00% - 88.60% and keeping the Risk above 100.00%

Note

A good confirmation of the downside would be to see if we can hold the 110.000 this is significant to confirm downside this week and going further for this pair.

Note

Price is Respecting our zone so far at the 110.000 level.

Note

Scenario #1 trading back to the fib Retracement around the 79.00% - 88.60% came into play as you can see price retraced right off the 79.00% level and didn't go any further.

Note

Evanture

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