SDMarik

Time a short entry on USDJPY for some nice profits!

FX:USDJPY   U.S. Dollar / Japanese Yen
148 0 1
No mystery that USDJPY0.89% has been on a sharp sell off recently, I think there is till more room left to the downside. The past 2 days are most likely full of a lot of profit taking from swing trades on the short side.

Watch for a quick break over the bottom res line and a consolidation between that and the upper res line/fib level before a breakout downward.
Trade active: Here tt goes, don't miss out!
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