Short

USDJPY SHORT

By Bear-Capital

Updated

we are at a key level of resistance on the 4 hour chart

Comment

After this retracement on the 1 hour chart i will be moving SL to Break Even

Comment

SL has moved to break even

Comment

SL Moved to 149.27. Securing 30 pips profit. next target will be 148.26

Comment

we broke the low at 148.599. It should be smooth sailing all the way down to 148.26 now. Also will be adjusting SL to secure another 20 pips. So far 50 PIPS secured

Comment

if we break and close below 148.02 on the hourly chart, we should have no problem hitting our target of 147.65

Comment

We did not close below 148.02. we ended up retracing all the way up to 148.83. Price should now be past this point and we should resume down to 148.02. SL has been moved to 148.67 to secure 90 pips in profit.

Now we rock to target or until we hit the SL

Comment

Depending on the timing of you moving your SL you either got stopped out or hit TP either way this trade was a WIN!

Bear-Capital

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