Is USDJPY going to reach its 50% OE target this time?(3)

We had previously entered USDJPY on the daily confirmation bar on a long trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. Ahead of the Fed news, we had trailed our stop to low of IB-1 at 147.32 shown as TSL 1 on the chart image. The Fed news bar did not stop us out on our trail but shot back right up and formed a big outsider bar as in the image. As of yesterday our trail is at the low of the Fed News Outsider bar at 147.46. We are a few pips from target but as of now, we are seeing a strong seller bar. We will stick to out plan with discipline and see how this trade plans out for the law of numbers to work. Do refer to our previous post images and links below.

USDJPY(Short)

E - 147.45
ISL - 146.10
T - 148.55

TSL currently at 147.46

We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.

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Reference Image: