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tradingwithanthony

USDJPY Counter Trend Short

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
tradingwithanthony  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis USDJPY usdjpyshort
6
2
trendanalysis usdjpy usdjpyshort
We are short the USDJPY based on price level being overextended, having traded up into resistance and bearish divergence on our momentum indicator below. We are looking to take 70% of our position off at T1, 20% at T2 and trail the rest.
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