USDJPY Correction in sight : Double Top ?

FX:USDJPY   U.S. Dollar / Japanese Yen
486 4
Good morning traders,

USDJPY seems ready for a correction, after formation of double top . We should see 114.335 in the next few days

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade


Josep Pocalles
Trade active: Taking 50% profits and remaining position to B/E
Trade closed: target reached: Nice trade !
or it could be the end of the correction and ready for a move up
+1 Reply
@OgonjiS, let´s see , it should returnfirst above 50 MA
Nice Trade!
+1 Reply
Realisto_FX DavidPascucci
@DavidPascucci, Thanks for the feedback !
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