USDJPY: Monthly target pending

FX:USDJPY   U.S. Dollar / Japanese Yen
401 2
I'm shorting USDJPY here, aiming to hit the monthly target for May, which sits at 102.51.
If it isn't hit in time, we might see a double bottom type of situation and probably rally during June and the rest of the year.
Let's give it a shot here, risk half on this entry, it's very aggressive but potentially very rewarding.

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Link to Tim West's chatroom: https://www.tradingview.com/chat/#c8Bzrh...
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
May 24
Trade closed manually: The inside bar isn't what you want to see, there's momentum in the 1h chart. Nikkei is pulling back up, uncertain at this point. I'd reccomend getting out and waiting.
Market isn't trending clearly at this point, not the time and place to trade.
Standing aside and reducing risk/widening stops is the best way to go if swing trading.
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plz tell me ur 3 indicators name
+1 Reply
IvanLabrie Hassanfx_Expert
You can see the names there, you can click on the 'Share' button, and then click, 'Make it mine'.

Some are custom and some are proprietary indicators for sale in the marketplace.
+1 Reply
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