USDJPY - quick in out

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY - simple fib in place here, swing high to swing low on the 1hr timeframe.

We had some news impact push this pair up and then we simply waited for price to close under our level. Once it did we entered and now we are just looking to ride this short trade down for 50 pips. Nice RR of 2.85% risking 2% of your account this is over 5% growth on one quick trade.

Let's see how the asian market plays out but hopefully see this close in the morning.

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