khushijain

USDJPY looks weak and present a short opportunity

Short
khushijain Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Hi All - as USDJPY is nearing 200 EMA on 15 mins chart - it could reverse from here to make a new bottom.

Could be a good sell now or even better around 110.700 levels..

Trade active:
Gotten into the trade.. my average cost is 110.80

SL is 111.

Expecting price to come down to 110.60, 110.40, 110.20 & then 110.10...
Trade active:
Good to collect some profits here.. however, after some more fall, each intra-day rise can be sold into...
Trade closed: target reached:
Target reached beautifully... this is a good situation where important EMAs are respected and works..

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