USDJPY Short, RR 1 : 3.45

USDJPY still expecting some further downside as previous Support has broken now became Resistance.

Reason :
- Resistance area on 111.80
- EMA21 crossover on H4 chart.
- Potential to reach next support points :

Entry point Short : CMP or 111.70-80 area ; TP1 : 110.95, TP2 : 110.05; SL above 112.20 area

Risk Reward 1:3.45
Always remember to trade with stop-loss, market is crazy & cunning*

Trade attivo:

SELL

Trade attivo:

SELL position* executed on 111.90, let's see.

Trade attivo:

Back to retest of 110.70 area, awaiting to break below.

Trade chiuso: obiettivo raggiunto:

Closed my position with some profits despite of no trades position over the weekend.

Trader can choose to hold until target. Good Luck

Commento:

USDJPY view for next week. Potential gap closing

Trade chiuso: obiettivo raggiunto:

TP hit AGAIN at 109.735, enjoy traders.

After a short retracement, this pair will be heading to next TP point around 109.00 to the gap closing.

Commento:

109.20 hit, 270pips+ profits from this trade call.

Commento:

USDYEN further downside is still intact, lets see.

Commento:

It reached 108.82 low before reversal. No trade has been entered as it doesn't meet my entry requirment.