FX:USDJPY U.S. Dollar/Japanese Yen
A couple of days ago i posted an idea about USDJPY (link below) and waht we should look for in order to go short. As expected price broke below the corrective structure and has pulled back where we can see rejection. This trade offers a tremendous risk:reward for those who aim towards the 1.27 fib ext. of the previous impulsive wave.
Trade closed: stop reached