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MikePips
Jul 22, 2016 8:42 PM

USDJPY Longterm Short Possible. Short

U.S. Dollar/Japanese YenFXCM

Description

For this trade I'll be using price action with fibonnaci levels to find entry and exit points. I already entered the trade with low volume.
I am expecting this trade to be open for 30-60 days based on most recent price movement. Feel free to like, comment, or share you trade ideas here.

The red line is the sort of movement I am expecting.

Comment

USDJPY

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Please add a comment.. Positive feedback and constructive criticism are important to authors ant the community.

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Authors, ants, and the community *

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I'm changing expected trade time to 60-100 days.

Comment

I have decided to close this trade at the first tp and only look to reenter short if we see a breakout but I am not confident that the bottom trendline will break.
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