pipseek
Short

Dollar Ninja pair- heading downwards

FX:USDJPY   U.S. Dollar/Japanese Yen
50 0 5
It has been an oscillation in a range since June last week for ninja to confirm a direction .
The D1,H4 and H1 gives indication for bearish move. Price is below kumo, which has a bearish bias.
The stop loss for this idea is 102.38.
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Comment: Price has touched downwards to 100.8. And expected to continue the downwards momentum .There could be intermediate pull backs.
Trade closed: target reached: The trade had done well with decent profit:).
Ahead of Non Farm Payroll news,I prefer to close the trade and look for fresh opportunity.
Comment:
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