USD/JPY: Shorting the pullback
Updated
Hi guys,
Interesting setup on USD/JPY, We have lower volumes at this area which is a resistance.
Shorting at market price the pullback to 1st fib level could be an idea. Target would be 113.720.
If you haven't checked my previous ideas please have a look. And give me some love :-)
Best
Jesse
Interesting setup on USD/JPY, We have lower volumes at this area which is a resistance.
Shorting at market price the pullback to 1st fib level could be an idea. Target would be 113.720.
If you haven't checked my previous ideas please have a look. And give me some love :-)
Best
Jesse
Comment
Trade still ongoingComment
The pullback should technically test the former daily resistance. I will not look for this trade though, just taking 20 points as suggested above.
Comment
***UPDATE***OK guys, I am lowering my target (which means more profit!). I think the pair will go and test its previous flat resistance at around 113.620.
Details below.
Good night!
Jesse
Trade closed: target reached
Target hitdid someone take the trade?
I would really appreciate if we could interact. Lots of views but unfortunately no one is commenting.
I don't see the point of posting in here if it's only to give my point of view and insights
Trade closed: target reached
This is why I love trading Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.