U.S. Dollar / Japanese Yen
Short
Updated

USDJPY is ready to short

161

Spinning top candle(bearish reversal) appeared last day.
Still, we need to keep us eyes on DXY but considering P/L, it looks like reasonable trading.

Mid-term trading(1M)

Entry
Current price

S/L
112.137

#TP1
109.75

#TP2
108.74
Note
not bad so far
Note
TP1 is changed to 110.6
Trade closed: target reached
Now wait for the correction
Trade active
Re-entered short position.
Expecting this move.

snapshot

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.