Get started
Charts247TradingAcademy

USDJPY DOWNSIDE RESUMES

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Charts247TradingAcademy Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY usdjpyshort Technical Analysis Fibonacci Retracement trendchange
5
1
trendanalysis chartpattern waveanalysis usdjpy usdjpyshort technicalanalysis fibonacciretracement trendchange
Below 109.90 we are short the UJ.
We have a clear Series of LL's on the intraday TF from end of last week.
What we have witnessed so far this week is only a retracement as long as price stays below 110.02.
The Stop Loss is 110.04
T1: 109.42
T2: 109.23
T3: 108.74 Extended Target
Trade active:
Sold 109.90
SL:110.04
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.