USDJPY - DOWN TO THE LAST LOW
Updated
USDJPY IS IN A STRONG DOWNTREND FOR MONTHS.
PRICE BREAKOUT FROM A DAILY TREND LINE AND RETESTED IT.
A BREAK AND CLOSE BELOW THE CTL IN 4H TIME FRAME WILL
LEAD PRICE TO RETOUCH LAST LOW (ALSO 0.618 FIB EXTENSION).
GOOD LUCK!
PRICE BREAKOUT FROM A DAILY TREND LINE AND RETESTED IT.
A BREAK AND CLOSE BELOW THE CTL IN 4H TIME FRAME WILL
LEAD PRICE TO RETOUCH LAST LOW (ALSO 0.618 FIB EXTENSION).
GOOD LUCK!
Trade active
Condition triggered, trade active!Note
NFP Soon, stop loss moved to 101.52 (90 Pips in the worst case scenario) :)
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