SELL LIMIT FOR USD/JPY AT 103.70. PRCE HAS BEEN TRADING IN A NEAR-PERFECT CHANNEL AND IN A FEW HOURS IT WILL TEST THE DAILY TREND LINE RESISTANCE AROUND 103.70. I HAVE SET UP A SELL LIMIT ORDER AT 103.70 WITH SL AROUND 104.40 (70 PIPS) AND A POTENTIAL TARGET OF 100.90 (280 PIPS). GREAT RISK TO REWARD ON THIS TRADE SO LETS SEE HOW IT GOES!!
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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.