A Dip Dip Coming In? Not sure to Soy Sauce Levels for FX:USDJPY by Bonavest

A Dip Dip Coming In? Not sure to Soy Sauce Levels

After seeing a SELL signal on the Daily after hitting a new high and ricocheting off of the SuperTrend at 112.09 I think we can expect a dip similar to the one experienced on February 15.

Trade active

SHORT @ 112.25
STOP LOSS @ 112.57
TP @ 110.0?

Will watch the trade manually for profit taking for now.

Trade closed: stop reached

Ugh... Fail.

UJ was at that turning point where I just couldn't tell where it was going. I believe now we are set on a direction.

Bonavest

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Bonavest

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