USDJPY - Support and Resistance

Short

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

supportandresistance candlestick supplyanddemand askforex100 usdjpy rangingmarket ranging 3barpattern 3barreversal candlestickpattern candlestickanalysis

A classic way of trading Support&Resistance is enhanced by the 3-bar reversal. I will set a sell limit order to capture the movement of this trade.

Trade closed: stop reached:

Trade Engaged 107.26
Hit SL at 107.57(-31)

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