USDJPY sell setup
Updated
Hi traders,
Watch this one for a sell. The pair looks weak after the weekly session open provided a bearish kicker, and downside has continued since. Last week, price was resisting on the Fibonacci key retracement level, and the moving averages, and since has had a LL just showing further weakness.
With a tested trading strategy profiting from this move will be easy.
Best regards,
Tom_Killick
Watch this one for a sell. The pair looks weak after the weekly session open provided a bearish kicker, and downside has continued since. Last week, price was resisting on the Fibonacci key retracement level, and the moving averages, and since has had a LL just showing further weakness.
With a tested trading strategy profiting from this move will be easy.
Best regards,
Tom_Killick
Trade closed: target reached
Was just exploring my old Trading ideas, and must have forgot to update this one.Price successfully hit the target we measured on the chart. (See above for more details.). After a nice breakdown shown by the candles, there was only 1 direction that price was going. And that was down.
This was a nice quick move, and we pocketed almost 200 pips on this move. So well done to anyone who caught this old trade with me.
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