Risk off trade setup USD/JPY

FX:USDJPY   U.S. Dollar / Japanese Yen
129 1 6
USD/JPY             Risk off trade. The Yen opened stronger against the dollar as we see a risk off move
in the market. This move fueled by the OPEC meeting ending in a no decision to freeze production
has the market seeking safe haven assets. Gold             , silver             and the Yen are up while the global indexes
are in negative territory.

I will be waiting for price to fill the Gap and will be looking to enter around 108.60 with a stop above fridays highs. First target will be back to the lows and second target will be to the yearly lows.
Risk off?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out