USDJPY 06/14/20 POSSIBLE SELL

Short

U.S. Dollar / Japanese Yen (FOREXCOM:USDJPY)

Updated

FOREXCOM:USDJPY U.S. Dollar / Japanese Yen

supportandresistance supplyanddemand trendline usd usdjpy jpy jpyusd yen yenpairs dollar

Clearly making LOWER HIGHS AND LOWER LOWS. I have a sell stop at SELL STOP 106.550. A safer trade would be to wait for the break and retest. 1:2 RR 12.5 PIP STOP LOSS 25 PIP TAKE PROFIT. I am personally risking 1.5 %.

Comment:

I still have the sell stop in place. Be careful market is choppy right now.

Comment:

SELL STOP still active.

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