pandabulltrader

USDJPY short on D1

Short
pandabulltrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Good opportunity with relatively low risk compared to the reward. Price has made a double top and might be about to create a M formation. Additionally, price has respected downwards trend line. Target is 119.937.
Comment:
Edit: target is 109.937 not 119.937. TradingView will not allow me to update the above post.

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