mzidan112

mzidan112

Safe Heaven

mzidan112

- Shorting USD/JPY after falling to break the major resistance of 114.50/114.80 - Targeting first support @ 113.00

mzidan112

- Trading below the major resistance @ 114.50/114.80, - Markets failed to keep buying momentum, - Targeting the support levels @ 112.50 & 111.80.

mzidan112

As described on the chart l you would find the details !

mzidan112

target 0.69 and 0.65 . while your stop lose higher than 0.7280 ! more description on the chart .

mzidan112

As described on the chart the probability for lower breakout of the shown channel is highly expected !

mzidan112

Nothing go vertical ; the rebound is required and we are commodity scalper ; so let is trade it with our risk is defined !

mzidan112

I will sell the Japaneses Yen as its central banks do !

mzidan112

I would short it again referring to my previous idea reasons !

mzidan112

Described on the chart !

mzidan112

With risking level higher than 1179 and targeting big wave at 1105 ; Price action never lies !