Opulent_FX

BE CAREFUL WITH SHORTS FROM THIS LEVEL

Short
Opulent_FX Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
reluctant to look for short porsitions from this area due to the optimal retracement not met. Perhaps short term yes, but long term I still see further bullish price action. 146.754 level would be premium, so be cautious with your shorts from this level. PROTECT YOUR CAPITAL.
Comment:
As expected, a new high has now been created and up we go towards my marked area. I will ONLY look for shorts from 0.79 FIB level.
Comment:
Price is now reaching 146.754

I will be looking to short USDJPY from that area once I see valid confirmations.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.