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U.S. Dollar / Japanese Yen
Short

SHORT USDJPY PULLBACK

By menyuken
Updated
USDJPY has already finished the up channel breakout and pull back, at the same time it's formed a double head. Now it's broken the neckline of the double head, and let's short at the neckline pull back. Pay attention that the structure around the neckline, it is a very important one which was the neckline of previous high in last year. Good luck!

TP1: FIBO 382
TP2: Above FIBO 618
TP3: FIBO 886
Note
Two SHORT plans;
snapshot
Note
Very nice fall triggered by the 2618, let's take some profit at the key structure ;)
snapshot
menyuken

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