Easy and Understandable Trade Setup on USDJPY! Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ May 10, 2020 7:14 AM

LH - 106.895 (bearish below this level) and continue T1 106.240 & T2-105.755

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Narrow range for traders on daily chart:

Traders, can trade both side and take profit until no-major change in volume and price.

Up-side breakout above 107.075

Weekly chart:
Falling wave(downtrend) inner side of the parallel channel:

Trade closed: target reached

⋅ May 12, 2020 12:14 PM

Just Follow me to get exact entry and exit level.

Comments

donnyshmbg

⋅ May 10, 2020 8:29 AM

Thanks...wait till 107 then place a sell..
Nice Jay...

Jay_shree

⋅ May 10, 2020 8:55 AM

@donnyshmbg, ok

donnyshmbg

⋅ May 11, 2020 8:34 AM

@Jay_shree, what is for new target please

Oggy_

⋅ May 10, 2020 9:09 AM

@donnyshmbg, that is your call

UnknownUnicorn4732309

⋅ May 10, 2020 7:21 AM

UnknownUnicorn5245909

⋅ May 10, 2020 7:29 AM

@Crypto_Safe, appreciate

Jay_shree

⋅ May 10, 2020 8:10 AM

@Crypto_Safe, Thanks for sharing

Thetradingmyopic

⋅ May 10, 2020 9:04 AM

@Crypto_Safe, good analysis

zartajshaikh

⋅ May 10, 2020 9:23 AM

@Crypto_Safe, impressive...

UnknownUnicorn4732309

⋅ May 10, 2020 9:27 AM

@zartajshaikh, I don't have any crystal ball, but this trade show the power of technical analysis.