Michele86

USDJPY short idea where sellers will defending their positions

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
I will short at 113.95 mainly for these reasons. First i see that clear downside trendline respecting, second big gap from zone tells me great initial move and action from sellers, when price touch the level sellers will defending their positions. Favourite setup - big volume, gap or single are reasons for short opportunity.

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