USD/JPY - Short
Entered Short position a few hours before FOMC, a little risky, but charts suggested bearish momentum . MACD Histogram Divergence on Daily TF, 150 Pip Fake Break out of Key level. and stops taken with spike above trapping traders long.
Open Interest Rising on JPY Futures with COT data suggesting Commercials buying JPY.
Open Interest Rising on JPY Futures with COT data suggesting Commercials buying JPY.
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.