USDJPY POTENTIAL SHORT (LAST PUSH)
Updated
THIS IS A MORE AGGRESSIVE TRADING SETUP BUT I WANTED TO MAKE THIS POST FOR THOSE THAT STILL SEE POTENTIAL IN THIS PAIR. IF YOU LOOK AT USDJPY IT HAS BEEN DOWNTRENDING CONSISTENTLY ON THE DAILY CHART FOR A LITTLE OVER A MONTH NOW. IF YOU LOOK THE SELLERS ARE STILL CREATING NEW LOWS AND PUSHING PRICE ACTION TO THE DOWNSIDE SHOWING THERE IS STILL INTEREST IN SELLING THIS PAIR. IT IS STILL AT A HIGH LEVEL AND BUYERS AREN'T READY TO JUMP IN FROM THE LOOKS OF IT. POTENTIAL QUICK SHORT OPPORTUNITY FOR WHAT I THINK MAY BE A LAST PUSH. WAIT FOR A WEAK BUYER RE-TEST TO THE UPSIDE STRUCTURE AREA OF 107.900 TO ATLEAST GET A BETTER RISK/REWARD SETUP OR CAN TAKE AGGRESSIVE ENTRY IF YOU FEEL THAT IS MORE OF YOUR STYLE. KEEP AN EYE ON THIS PAIR AND THE MOMENTUM AND LEVELS IT HOLDS! KEEP AN EYE OUT!
CHEERS!
CHEERS!
Trade closed: target reached
Target was hit! On to the next, Cheers!
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