USD/JPY SHORT - Weekly Sup Break & Retest/Downtrend
Updated
I have taken out a very short term position on this pair, it has been downtrending, on the dily it has retested weekly resistance and should be going down, on the 4HR a shooting star candle was formed below the weekly resistance and a bearish candle after that, so it should continue its way al the way down to next hourly support and beyond, where my TP is.
TP @ 111.965
SL @ 112.492
R/R @ 2.14
TP @ 111.965
SL @ 112.492
R/R @ 2.14
Trade closed: target reached
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