Get started
fxswing

USDJPY Short on retracement bounce

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
fxswing  
FX:USDJPY   U.S. Dollar / Japanese Yen
countertrend retracement
2
1
countertrend retracement
Entering short in retracement zone at 119.50+
Above the 38.2%-50% zone (yellow) of previous swing.
Let's see if bears have some mojo here...

Stops above 119.80
TP1 118.05
TP2 115.60
Trading success is not going to be entering winning trades, but how you exit your losing trades.
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.