bestfarbit74

short set up for USDJPY

Short
bestfarbit74 Aggiornato   
FX:USDJPY   Dollaro / Yen giapponese
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
#WOMAN. LIFE. FREEDOM
Trade attivo:
broke the level as expected
Trade attivo:
still bearish
Trade attivo:
retested the trigger zone but still bearish in longer time frames
so the strategy is the same.
Trade chiuso: obiettivo raggiunto:
hit the target but still bearish and can test lower area on the chart below.
Trade chiuso: obiettivo raggiunto:
and touched the second target as expected.
Commento:
will keep dropping to the demand area.
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