USDJPY: Potential bearish bat, maybe even for a bigger drop
after the huge run up in the USDJPY this pair could be due a drop of 100 to 300 pips and therefore I am thinking about letting the second position run in case the trade is triggered and Target 1 hit with stops at BE. In this case I would not risk more than the second position profit.
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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.