stibo

USDJPY - Short Rally soon?

Short
stibo Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
I think the correction to the upside could be done & i expect a quick push to the downside.

You can use a sell stop for the entry. Second option is to wait for a break & enter after a retest.
Use the invalidation level as your stop loss.

I will regularly update this post.

If you agree with my analysis please leave a like & follow my idea.
Let me know your view in the comments.


Trade active:
Tp just temporary. Will update post in future.

Comment:
Comment:
Move SL lower.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.