JDCurrenciesCommodities

USDJPY(D) SHORT Opportunity Institutional Level

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
  • USDJPY Respecting Trend, and channel.
  • At a crucial Institutional Zone that has proven to be an area of importance (Red arrows showing area where pullbacks have occurred)
Comment:
  • Fib Level is being retested as well. Another Confirmation.
Trade closed: target reached:
Went 100 PIPs into profit. Retest on fib level, price has now moved up to upper parallel with more potential for another SELL Entry
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