TradeHuntFx

USDJPY - Nice retracement, time to short

Short
TradeHuntFx Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
After we saw a large drop in this pair following Fridays NFP data release, we are looking to sell this pair on the back of weakness in the USD. As you can see on the chart the price has entered our sell zone where we will wait for confirmation. Opening a smaller position now isn't a bad idea as we don't want to miss the trade.
Trade closed manually:
Taking profits now

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