NickofJupiter

USDJPY Ichimoku Pullback Short 4H

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Late post, but I am short at the 109.50 level on the Ichimoku signal line pullback. Stops are above the cloud.
Comment:
We've bounced off the 618 retracement of the latest wave several times (look at the wicks). Potential bearish double top forming now, and the cloud is still protecting us. Hopefully this will power our move south.

Comment:
+80 pips and ran into some consolidation. Great trade so far and the cloud protected us well

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