Stackin_Guap

USD/JPY RE-ENTRY 25/05

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Daily broke structure to the downside, however price has been moving up and last trade got stopped out. Taking a risky reentry with 11pip SL at the lower high. Although 4hr printed strong bullish we are still below that high and with FOMC there could be a big corrective move down below 127.000.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.