USDJPY short on 4hr chart
Updated
USDJPY has retrace to a previous support level at around 122.30.
The long wick on the candle confirm that price are pushing on the downside.
I am going short at the opening of the next candle, SL above the wick of the candle at 122.28 and TP at the previous lower low at 121.50
Lets see!!
The long wick on the candle confirm that price are pushing on the downside.
I am going short at the opening of the next candle, SL above the wick of the candle at 122.28 and TP at the previous lower low at 121.50
Lets see!!
Note
My target is not 121.50 but 121.15 as shown from the drawing in the chart attached.Trade closed: target reached
I have reached my target. This is not a trade that will change your life but is still a good positive trade!
+78 pips
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