USD/JPY Potential Short Opportunity - 4 R/R
Updated
A slight pull back to 108.6 area will give a potential:
Good R/R comes from targeting previous strong higher timeframe support/resistance
- 38.2 retracement
- rejection of previous lower time frame descending trend
- rejection of higher timeframe support/resistance.
Good R/R comes from targeting previous strong higher timeframe support/resistance
Trade active
Trade entered using 5 min entry at 108.628
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