YiranLiu

USDJPY Higher possibility to sell the major

Short
YiranLiu Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Based on the shapes of the H1 and D1, it could reach the previous peak 114.404 level, and then we possibly see the reverse signal.
Being patient to see what happened in the future 1-2 days, and if we could see the reverse signal such as a high level star, or long upper shadow, then that is the time we could short the major.
Comment:
Wait another 3 hours, then if it ends with a star, that is the time for us to open the position.
Trade active:
Sell at 114.05
Stop at 114.440 (really close S/L)
Limit at 108.79 (Change Manually Later)
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.