USDJPY been a nice mover from past few sessions, price action is struggling at the moment, momentum is weakening across short term time frames as well, so i am looking for short setups here, not expecting much pips but still there is scope for 30-40 pips.
Trade Safe! Thanks for your support.
Trade active
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Watch the top for a reversal-since we have FOMC in 15m, trade safe! target looking 113.68
Comment
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Quite often at the time events like FOMC we see whipsaws, so it is possible that market spikes up first and then start reversing, so in that case i will be putting my stops at the high of the spike, or 114.20 if my idea doesn't play out.
Trade closed: target reached
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What a lovely trade!
Trade closed: target reached
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Trade Banked, though still i see it got potential for more downside, but anyway thanks for your support.
nice publication right here. called it pretty well i might say
UmarAbdurRehman
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@loganthom95, Thank you.
nmdv_24
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Stop loss?
UmarAbdurRehman
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@nmdv_24, Please check out the update section below the idea.
MajdHelobi
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keep on buy
UmarAbdurRehman
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@MajdHolbi, anything can happen, because you never know, however for an intra-day play, odds looks to be favoring the shorts, anyway lets see how the market unfolds.