DACapitalTrading

USDJPY - SETUP - WEEKLY CONTINUATION - 29 MAY

Short
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FX:USDJPY   Dollaro / Yen giapponese
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USDJPY just started moving as expected, quick Timeframe breakdown for free and everybody.


4 HOUR
50 Pips H4 Candle break below previous week lows, strong move.

DAILY
After taking out 111.400 last week we instantly reacted to that with strong daily bearish price movement melting down

WEEKLY
Second very bearish weekly movement forming several new lows in smaller timeframes

LEVELS
SHORT @ 108.608
SL @ 109.184
TP1 @ 108.040
TP2 @ 107.743
TP3 @ 107.453
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!


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DACAPITAL TRADING
Trade attivo
Trade chiuso: obiettivo raggiunto:
As we mentioned in our Groups we closed over +50 Pips and moved sl to be
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