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TevinW

(SELL, 1HR) USDJPY Failed Break of Tuesday's High

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
TevinW Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis USDJPY hourlychart sellsetup Fibonacci Retracement pivothigh
4
1
trendanalysis usdjpy hourlychart sellsetup fibonacciretracement pivothigh
- price rose to previous high and failed to break it - multiple touches
- take trade to the 50 fibonacci retracement
- SL: 7-10 pips above today's high
- risk/reward: 1:6
- pips gained: 28 pips
Trade closed: target reached
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