Tlokzino

Trendline Broken - Short

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
On the 4h chart, the (EMA,50) is above the (EMA,26), this therefore indicates a bearish bias. On the chart the yellow trendline has been broken and a continuation in a short position can be expected as the pair is currently retracing @111.528.

Entry : 111.570
S/L: 111.750
TP 1: 110.963
TP 2: 110.538
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