Hello Everyone i want share my idea about USDJPY Pair.
After big fall of JPY Index i think it found some strong buyer, what i am looking price was coming so strong downside and it came back for retest, i think this fall will continue, also this price reaction was at weekly resistance after buyside liquidity.
i think JPY still bearish but after some big, long and strong fall it found buyer and my mission is catch this movement.
Open short position - 149.200
Stop loss - 150.800
Take Profit - N/A ( I will follow trend with trail stop)
Good luck everyone!!! Always manage your risk and make your own research!!!
After big fall of JPY Index i think it found some strong buyer, what i am looking price was coming so strong downside and it came back for retest, i think this fall will continue, also this price reaction was at weekly resistance after buyside liquidity.
i think JPY still bearish but after some big, long and strong fall it found buyer and my mission is catch this movement.
Open short position - 149.200
Stop loss - 150.800
Take Profit - N/A ( I will follow trend with trail stop)
Good luck everyone!!! Always manage your risk and make your own research!!!
