Sagefx
Short

USD/JPY - POTENTIAL SHORT OPPORTUNITY - PENDING SELL ORDER

FX:USDJPY   U.S. Dollar / Japanese Yen
SELL LIMIT FOR USD/JPY             AT 103.70. PRCE HAS BEEN TRADING IN A NEAR-PERFECT CHANNEL AND IN A FEW HOURS IT WILL TEST THE DAILY TREND LINE RESISTANCE AROUND 103.70. I HAVE SET UP A SELL LIMIT ORDER AT 103.70 WITH SL AROUND 104.40 (70 PIPS) AND A POTENTIAL TARGET OF 100.90 (280 PIPS). GREAT RISK TO REWARD ON THIS TRADE SO LETS SEE HOW IT GOES!!
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