mngFX

USDJPY, wait for a higher probability sell.

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hi Traders,

Looking at the current price action, we can see a classic ascending channel which may give us a possible sell opportunity. I will be monitoring closely if we get a break out or if price can make another leg higher to give us a better Reward Ratio.

Keep a watch on this pair.

Good Luck!

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