USDJPY - Making a move lower once again. Sell below 113.25
Selling pressure building up after the bullish wave completed at 113.55-113.6 which was earlier target and met.
Now if it trade below 113.25, please do not hesitate to short, more conservative traders can short under 113-112.95 for the first retracement to 112. The pressure will increase if 112 is broken to trade back to swing low near 111-111.5
STOP is sitting not too far from 113.75-114 depending upon your risk appetite
Now if it trade below 113.25, please do not hesitate to short, more conservative traders can short under 113-112.95 for the first retracement to 112. The pressure will increase if 112 is broken to trade back to swing low near 111-111.5
STOP is sitting not too far from 113.75-114 depending upon your risk appetite
Trade active:
got activated under 113.25... made a low of 112.45 before bounce near 112.8.. add more shorts near 113-113.5 if it comes back up
Trade closed: target reached:
Very near to target so closing it out
