Get started
Charts247TradingAcademy

USDJPY MORE DOWNSIDE

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Charts247TradingAcademy Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY usdjpyshort Fibonacci Retracement trendchange priceaction pricebehaviour Technical Analysis
7
0
trendanalysis chartpattern waveanalysis usdjpy usdjpyshort fibonacciretracement trendchange priceaction pricebehaviour technicalanalysis
This pair has the potential to capitulate again, it all depend on the Yen Strenght that is currently obvious in all the Yen crosses.
Technically, price has rejected the 61.8% retracement of the Lower High created on 8th Nov. We will go short from 109.04, stop is at 109.30.
Intraday Target is 108.54.
Trade active:
Entry!
snapshot
Trade closed manually:
closed and took profit. strong rally likelu cos price failed twice.
snapshot
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.