Short Position USDJPY

FX:USDJPY   U.S. Dollar / Japanese Yen
46 0
Short position looking to be opened

On the Daily chart (right) you can see the price has been channeling down over the past couple of months and recently bounced off the major 100 mark.

The 4 hour chart shows a reversal coming in to play as price has hit the upper downwards channel line and now has also closed below the 4h 20SMA

Stop will be set above the upper channel line and the target will be near the 100 mark
Comment: If price breaks trendline then I'll close my position
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out