RaynLim

Counter-Trend on USDJPY

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
📉 This week, I'm keeping a keen eye on a counter-trend trading opportunity for USDJPY. I'm patiently waiting for a potential shorting opportunity at the Key Resistance Level of 142.96.

⚠️ However, it's important to note that despite this shorting opportunity, my overall bias remains bullish on the US Dollar. This week appears to be a retracement week in the market.

Stay tuned as we navigate through market movements and identify potential trading setups. Let's make the most of this retracement period! 💪💼

#USDJPY #CounterTrendTrading #ShortingOpportunity #RetracementWeek #StayTuned

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