Just opened short position on daily TF

For me, all JPY pairs are high, a lot of pairs have already plummet excepted GBPJPY so it has better risk reward.
Also a big pin bar as formed and it's a price action signal I like to trade.

Commentaire:

Today, all JPY pairs have plummet as expected but, GBPJPY is back to 0%.
I think a lot of institutions have been liquidated that created this big pullback but, JPY pairs still have odds to plummet.

if you check JPY currency index (www.mataf.net/fr/for...tools/currency-index). it began to go higher.

Commentaire:

As expected, JPY pairs have plummet. I also had a short on EURJPY which already hit my tp, I opened it just yesterday. EUR has been weaker

EURJPY short trade (R3 - tp reached)
entry: 144.06
sl: 145.23
tp: 140.48

I'm still in GBPJPY, I will probably move my stop to breakeven

Trade fermée manuellement:

Closed at 2R
close price: 158.7