I expect sharp downward move, looks like USDJPY has just completed corrective movement (ABC) and bounced off 2.272Fibo ext.
Wait for daily bar close, looks like it will close below the midterm trendline.
Look for sell in area: 112,25-112,45
SL above last high.
Target profits marked on chart.
Setup will get updates.
Trade responsibly.
Wait for daily bar close, looks like it will close below the midterm trendline.
Look for sell in area: 112,25-112,45
SL above last high.
Target profits marked on chart.
Setup will get updates.
Trade responsibly.
Trade active
Trade closed: stop reached