WilliamSurya

USDJPY: Breakout Continuation Setup

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Reason to entry:
-AB leg confluence with 161.8% extension
-Price at pullback/retest of trendline after breakout of trendline

Entry:
-38.2% retracement

Exit:
-161.8% extension

Void if:
-price failed to breakout

Remember that market always right!
Manage your trade well!

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.