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GlobalHorns
Apr 5, 2024 8:00 AM

USDJPY - Short Short

USD/JPYOANDA

Description

I've opened a short position on the dollar yen because of recent market movements. We hit a weekly low about 8 hours ago, indicating a possible downward trend. I'm expecting to see that low tested again soon.

Typically, I aim to reach my target levels within 48 hours, but in trading, things don't always move as quickly as we'd like. Sometimes it might take a week or even longer for positions to reach their intended levels.

Stay tuned for updates. (Keep in mind I use little to no leverage)
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