ElvisG
Short

SHORT USD/JPY

FX:USDJPY   U.S. Dollar/Japanese Yen
USD/JPY             is hitting resistance level and on friday showed weakness, but there still might be a little retracement on the upside, to 50 - 61.8 FIB level (1 hour chart), where to open position.

First profit target is at 1.618 extension which correlates with previous support/resistance levels.

Second profit target is at previous support.

Due to US election and divergence on stochastics this trade is highly possible.

450+ pip move with Risk/reward 1:3 & 1:7
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