U.S. Dollar / Japanese Yen
Short
Updated

UJ Short

194
The pair is having difficulties pushing above the resistance at 110.6. It is also losing bullish momentum as it make a Lower High.

SL: 110.75
Entry: 110.6
TP1: 110.25
TP2: 109.9
TP3: 109.25
Trade active
Candle closed as bearish engulfing
Note
Wait for retest of 110.25, a rejection will confirm the further downside move. If not close profit at that region.
Trade active
Moved SL to TP1 and let it run, more downside is possible

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