USD/JPY SHORTMy First Post!!!
Looking for sell setups on USD/JPY around the 143.350 price level.
if price drops to 142.450, ill buy a long setup and ride it out to 143.350 and take profits and open a sell trade once i see rejection from 143.350 resistance.
Its 's also a possibility it reaches the price 146.800-147.000 from the high in 1996. This opportunity comes once in a lifetime, let's get these gains.
i'll keep watch of the charts and i'll post my ideas accordingly. Let's make some Money this week!
Usd-jpy-sell
USD/JPY LOOKING BEARISH HEREwith the dollar looking too loose some strength this week and how horrily weak the jpy pairs have been, it makes sense we see a Correction with the USD/JPY pair
looking to enter shorst at this bos area we have a clean retest and rejection from
also as shown in the image we can see clearly we had a Backtest retest rejection of the DBL trend now this would have been the idea sniper entry, but ill take BOS and cho ch at this point
bos = break of structure
ch o ch = change of character