USDJPY: Shorts Off Of This Level Makes Sense!

FX:USDJPY   U.S. Dollar / Japanese Yen
477 2 9
Friends, looks good to short. For mainly technical reasons.

(There is a possible butterfly pattern in play also, with the target of said pattern completing clearly outlined on the chart.)

Best of luck

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Same view. But I'd rather wait for the drop to go long for a couple weeks.
TomProTrader IvanLabrie
Yeah, agreed. I'm going to scoop the short and the pullback also :-)
+2 Reply
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