skymtrader
Short

USDJPY UPDATE POSSIBLE SHORT

FX_IDC:USDJPY   U.S. Dollar/Japanese Yen
I grabbed 618 pips trading the C leg down on this pattern last week after posting the idea. I did not trade the retrace up but I'm considering more selling if I see bearish signals start to form this week.

Whoever followed this pair with me last week should have done very well as its not often that the USDJPY             provides so many pips in a single week!!!

Just about 800 pips down from decision zone to target 1...I remain bearish!!
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