DJW1998

USDJPY- 4H CHART ANALYSIS

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Hi everyone,

Please see my USDJPY 4H chart analysis attached.

I have entered a sell/short position on this pair.

Price has come up to the high of the 2nd April which when this price was hit it had a sharp descend downwards.

Stochastic is about to cross also showing potential downwards momentum.

Stop & TP's are on chart but I will list below:

- SL: 110.845
- TP1: 110.232
- TP2: 109.798

Any likes and comments would be appreciated.

DWFX
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