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aiza_belle

USDJPY Short

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
aiza_belle Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Trend Analysis Beyond Technical Analysis USDJPY USD jpy usdjpyshort usdjpysell short usdjpybear Bearish Patterns
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chartpattern trendanalysis beyondta usdjpy usd jpy usdjpyshort usdjpysell short usdjpybear bearish
This pair is more likely to go ranging this week, but by next week, I'm looking forward to its drop considering the increasing appeal of risk haven assets like JPY and gold recently after the news about US and China trade war. Shorting this pair with 1st TP at around 103 and 2nd TP at 100, while SL at last week's high @106.6.

www.cnbc.com/2018/03...rket-correction.html
www.fxstreet.com/new...ist-ing-201803260733
finance.yahoo.com/ne...ecast-020309824.html

Daily:
snapshot

Weekly:
snapshot

Confidence: C (might go very volatile in the coming weeks esp this pair is highly affected by geopolitical risks)

Comment:
Order cancelled:
Trade didn't hit the Sell Stop @104.867 and continued to go ranging above 105, hence I'll be revising my idea.

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