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USDJPY 4H SHORT RANGE TRADE

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Tradingstrategyguides  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators 50sma 100sma breakouttrading rangetrading tradingstrategyguides USDJPY 4h forextrading
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trendanalysis chartpattern indicator 50sma 100sma breakouttrading rangetrading tradingstrategyguides usdjpy 4h forextrading
Price is below resistance level
Price at 50 sma
Price can bounce back up to retest range top
Price has already gone to 100 sma, so price can fall past that level

Short trade
Sell Stop @ 111.05
Sell Take Profit @ 110.70 support level
Stop Loss @ 111.70
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