$USDJPY: Potential weekly short
Updated
I like this entry here, long the yen. It's possible to see a sharp decline soon, and here the weekly chart is calling for a short entry with low risk and good risk/reward. First target is 105.402 but it could extend lower, so, just follow the trend with a wide enough trailing stop once in profit matching the stop loss distance here.
Best of luck,
Ivan Labrie.
Best of luck,
Ivan Labrie.
Comment
Continuation is possible here...support didn't hold in the daily, and with Trump's war threats, this chart suddenly got real.Trade closed manually
Cover and go long -we bought earlier this morning-
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Related publications
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.