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UnknownUnicorn772665

USDJPY Short Trade *LOWER HIGH & RESISTANCE*

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
UnknownUnicorn772665 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY USD jpy shorttrade Fibonacci Retracement
10
3
trendanalysis chartpattern waveanalysis usdjpy usd jpy shorttrade fibonacciretracement
USDJPY has made a nice pullback since last weeks sell off. Looking to short at this 108.800 level and target a new lower low to be made.

Price is back in my 4hr resistance zone and I will have my SL placed above the 0.786 fib retracement level incase price wants to go up and retest it.

Decent R:R of over 5:1 on this trade if it makes a new lower low
Trade active
Trade closed: stop reached
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