michaelronnfeldt

USDJPY - Closed Long. Waiting for short confirmation

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
After a nice 130 pip long trade. We've hit the infamous 109.6 level. I'm now waiting for confirmation. I'm expecting all sorts of bouncing between 109.6 and 109 like what we got in December. While I'm learning towards short, this could easily spike up to take out SL's at around 109.8 - 110 before heading down.

Good luck to all those who entered at 109.7. I hope it heads down from here.
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