Today's failed rally and reversal invalidated my previous scenario. My alternative scenario is now in play with USD/JPY showing signs of weakness.
SELL at 152.75 (virtually market order)
SL at 154.85
TP 150.60
SELL at 152.75 (virtually market order)
SL at 154.85
TP 150.60
Trade closed: target reached
The pair fell after BoJ decision, reaching the target. Be aware of the Fed release later today.
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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.