The_Cannalyst

Rebound ? Bottom x 4 or dead cat bounce?

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
22
The Pair has reached an interesting trading Niveau.

1. You can try to catch the Rebound of the Little intraday selloff, with entry at the actual Level, TP1 (38,2 fibo) / TP2 (0,5 fibo) / TP3 last high @ 111,8
2. Stoppsell below the Bottomx4 with TP @ 105 and SL 108
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.