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Neewmann
Feb 10, 2017 6:46 PM

USD/JPY Possible Short Entry Short

U.S. Dollar/Japanese YenFXCM

Description

Nice Pin Bar or Doji about to form in Daily at something looking like a channel roof. Will look for possible SHORT entry in smaller time frame. TP around this week lows.

Trade active

Found entry in H1. Still in trade watching test of resistance at 112.616-112.625. View based on price action still bearish and original TP still in play. Maybe take half the position off and let other half run for my earlier idea on possible wedge forming in Weekly with TP at wedge floor. Happy weekend and good luck!
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