USDJPY Counter Trend Short Short

USD/JPYOANDA

Description

⋅ Feb 25, 2021 9:55 AM

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.

Comments

Mark_demariya

⋅ Feb 26, 2021 3:14 AM

nice idea...

Donajor8

⋅ Feb 25, 2021 10:02 AM

Price hadn’t Moved I agree with u but it’s a waiting game