Slow and sloppy movement towards resistance at 111.125
- Sell anywhere between 110.900 - 111.000
- Set Stop Loss at 111.125 - if it breaks this level, there is upward bias
- Take Profit at 110.395 - possibility for much lower
* I am not an expert, this is just my opinion based on Technical Analysis*
USDJPY
Trade active:
Short position is still valid. Waiting for rejection confirmation. If there is a drop, it will be a HEAVY one.
Comment:
If you agree or think otherwise, let me know in the comments!
Trade closed: stop reached:
Exit Trade