AlphaVIP

USDJPY bulls exhausted.

Short
AlphaVIP Mis à jour   
FX:USDJPY   Dollar Américain / Yen japonais
UJ experienced one of the largest bull run so far, the Japanese Yen lost almost 18% so far against the Dollar.
Reasons behind this sell off has to do with the BOJ, printing endless money to buy bonds and keep the yields low, I will not go into further detail about it.

I'm sharing this trade opportunity I saw, the trade looks very solid with a big r/r ratio. In the chart is an ascending wedge visible which its a powerful bearish pattern.

This is it, signing out.
Trade fermée: ordre d’arrêt atteint:
SL reached
Clause de non-responsabilité

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