Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
USDJPY Break & Sell Scalps
U.S. Dollar / Japanese Yen
Short
USDJPY Break & Sell Scalps
By deLazyLizard
Follow
Follow
Updated
Jul 21, 2016
4
Jul 20, 2016
USDJPY Daily looks to be heading towards some areas of selling liquidity (high lighted by the cyan dotted lines).
Once the 107.907 has been breached and stops taken, I will look to short for 10-20 pips.
Jul 21, 2016
Note
First liquidity point taken.
Jul 21, 2016
Note
Now would be a good time to set to break even.
4hr 200 is a good TP.
Jul 21, 2016
Note
Liquidity broken to the downside.
Jul 21, 2016
Note
Now we have a potential break and buy in the opposite direction for USDJPY on the 15m time frame.
1st liquidity has been taken, 1 more lower to look forward to.
deLazyLizard
Follow
Related publications
DXY Daily at Key Resistance Level
by deLazyLizard
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
.