USD/JPY: Short-Term Bullish Correction to Bearish Fibs

Greetings traders! 🌐 In the dynamic forex landscape, a compelling trade idea unfolds for USD/JPY, influenced by the short-term price action of the U.S. Dollar Index (DXY) on the low time frame (LTF).

Comment:

going break even on the UJ long as it is counter trend IMO

Trade active:

30 pips locked in on the scalp long

Trade active:

took the long profits for +50 pips and shorted 148.8

Trade active:

breakeven stops in UJ short

Trade active:

moving stops into profits to secure UJ gains

Trade closed manually:

thanks UJ