The_Cannalyst

Shortterm: Undecided!

The_Cannalyst Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
23
The Level to watch in this timeframe is 114.5
Here you could buy the supportzone (anticyclical) - this trade would have a very nice Chance-risk-Ratio.
i prefer cyclical breakouts, so i could imagine to try a short below 114,5 with a stopp near above this Support Zone (this supportzone than turned into a resist-Zone)
Trade closed: target reached:
cheers
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.