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mrleh

USDJPY BUY? SELL?

U.S. Dollar / Japanese Yen (FX:USDJPY)  
mrleh  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Beyond Technical Analysis Chart Patterns USDJPY SELL buy LIT
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trendanalysis beyondta chartpattern usdjpy sell buy lit
In USDJPY we have a beautiful move that we called out for sell scalps. Perfectly hit our ascending trendline and reversed immediately towards the monthly resistance. Now we are facing two scenarios. A sell stop or a buy stop.

USDJPY SELL STOP
start: 111.648
Stop loss: 111.953
Take profit: 110.195

USDJPY BUY STOP
Start: 112.253
Stop loss: 111.913
Take profit: 112.849
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