USDJPY Daily: After price broke out of daily order block, it has now come back to retest the order block which is now filled with potential sellers. Another confirmation for a sell is price is rejecting of descending trendline for a 3rd bounce which could push the market down to 112.14 4hr support for a new lower low.
USDJPY 4hr: If price can close below yellow resistance area with a strong rejection, we could be in for a very big drop!!
Trade active:
Stop Loss@: 113.659 (30pips)
Take Profit@: 112.249 (111pips)
Take Profit@: 112.249 (111pips)
Trade closed manually:
-15pips. Will go back to the charts tomorrow morning
Trade active
Trade closed: stop reached