BloomFisher

USDJPY | Inverted Hammer and Daily Short targets (POTENTIAL)

Short
BloomFisher Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Hey Traders,
It's London opening while we're looking at US Dollar against Japanese Yen,
giving a potential of bearish outcomes after hours,
let's not dig deep in here as we already know it's been 3 Straight weeks
USDJPY has seen bearish and it's hard to go bullish on it,
Now, we have
1. Fibonacci Grid (VALUEOPEN)
2. Dynamic Resistance
3. Inverted Hammer on H4 Chart (Pattern TYPE- Positive)
4. Bearish Run down (SMA POTENTIALS)
5. Near Intra High (Possible to make a reversal anytime soon)


So, here's our preferences,
SELL NOW - 105.562
STOP LOSS - 106.089
TARGET 1 - 104.620
TARGET 2 - 104.080


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Trade active:
was struggling to find a way,
USDJPY is Now dropping
KEEP Holding these positions, until further update!
Trade closed: stop reached:
STOP HIT (-50 PIPS)
US Dollar Spikes after New York openings
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