Closing Longs , Short time? Short UJ :)

FX:USDJPY   U.S. Dollar / Japanese Yen
Yoah People.

We did go long at 120.50 which turned out to be the perfect Long Entry.
Friday right before Market closed we did close the Long Trades.

Now we are looking at possible Short Entry at the Trendline .
We do have Lower Highs... again and again...
We are currently having a price at 76,40 % Retracement.

My Chart shows a Trade Chance with 1,5 Risk to Reward
You can Enter the Trade on 5min and get very fast o break even, so you dont need that large Stop which is shown.
Stop is placed above last High if you want to.

Be free
Be Happy
Turn off ya emotions only while trading ;)
perfect analyse , it hit directly the retracments,, so do you think it will go arround 121 now??
What position are you looking to short
we need to wait price at market opening.
Price did gap down pre market till around 121,90

Now we are trading at 122,30
Perfect would be 122,90 or 122,80. Lets see what price is doing there ;)
+1 Reply
AA15 Fib.The.Gentleman
Okay thnx
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