fxstudent299
Short

short USDJPY – lets go for 8.43 R:R

FX:USDJPY   U.S. Dollar/Japanese Yen
Trading idea on 1h chart:
Short USDJPY             – lets go for 8.43 R:R

Possible double top with return to the lower support line
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Trading idea: limit sell order at 120.00, Risk-Reward = 8.43
SL@ 120.14(-14), TP@ 118.82(+118)
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Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
Bingo! TP 118.82 reached for a 8.43 R:R trade
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SL moved to 119.06,
I don't want to let this one go over the WE, so will close in 2 hours at market if neither TP@118.82 nor new SL@119.06 is hitten before
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SL moved to 119.80
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