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pjgonzales
Jan 27, 2019 7:30 PM

USD/JPY - BEARISH view for 107.7 retest Short

U.S. Dollar/Japanese YenFXCM

Description

USD/JPY was range-bound from 109.4 - 110 all of last week and as of Friday candles finally closed below a prominent trend-line that kept the price range-bound.

NFP week could definitely make the 107.7 retest possible.

If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.

DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.

Good luck to everyone!

Trade active

Shorted @ 109.53

Trade closed: stop reached

Breakeven SL hit

Comment

Very bullish price movement till 110+, trade talks are going well..
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