kbell750
Short

YEN Bull - SHORT the channel

FX:USDJPY   U.S. Dollar / Japanese Yen
29 0 4
Long term descending channel . Over-all posture is Bullish the Yen. Simply looking to play a failure at resistance - Top of the channel. Targets and Stops will be based off the symmetry of the channel.

Entry: Sold @ 107 - Add positions with "retest" of resistance
Stop: 10% of recent low to high = 100pips = 108.00
Target: 50% of Range = 350 = 103.50
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