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UnknownUnicorn769459

USDJPY Short

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
UnknownUnicorn769459 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators USDJPY usdjpyshort short 4h 4hr 4hour Alligator Indicator Fractal Technical Analysis
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trendanalysis indicator usdjpy usdjpyshort short 4h 4hr 4hour alligator fractal technicalanalysis
USDJPY has broken its trendline, retested and confirmed it. The retest level is confluent with the 89 EMA as well as a key support level, now turned resistance. A down fractal also formed with the 89 EMA and Williams Alligator. Further support levels will be used as price targets.

SL: 110.100
TP1: 109.21
TP2: 108.5
Trade closed: stop reached
Comment:
USDJPY is still dancing around its trendline. There may be an opportunity for re-entry.
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