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Vellaiyan

USDJPY - BEARISH SETUP

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Vellaiyan Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY
4
0
trendanalysis chartpattern waveanalysis usdjpy
Hi traders, USDJPY is still Bearish . Don't miss this short. It has a huge potential.

As per my analysis, price action shall further move up to the below targets.

Entry: 113.040 (or) Entry @ CMP
Take Profit: 111.397 (TP1), 109.755 (TP2) & 108.112 (TP3)
Stop Loss: 114.682
Risk Vs Reward Ratio: 3

Go short the USDJPY ; Good Luck
Comment:
snapshot
TP1 HIT
Comment:
PROFIT: 160+ PIPS
Comment:
Stop Loss will be adjusted to breakeven at 113.040
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