bestfarbit74

short set up for USDJPY

Short
bestfarbit74 Mis à jour   
FX:USDJPY   Dollar Américain / Yen japonais
by getting more strength on JPY index now this pair has strong chance to drop.

so based on the strategy on the chart if the price break the dynamic support level

or the trigger level, downward pressure has chance to continue more.

if you set short position a proper stop loss would be above 149.5 level.

we also could have more sideways hours in to the area before any strong move.



Enjoy the market
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Transaction en cours:
broke the level as expected
Transaction en cours:
still bearish
Transaction en cours:
retested the trigger zone but still bearish in longer time frames
so the strategy is the same.
Trade fermée: cible de profit atteinte:
hit the target but still bearish and can test lower area on the chart below.
Trade fermée: cible de profit atteinte:
and touched the second target as expected.
Commentaire:
will keep dropping to the demand area.
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