USDJPY POTENTIAL SELL
The dxy was has definitely taken a plunge and of course usdjpy being correlated in the same direction it has been bearish. have a nice hiekin ashi setup with a new bos so I can see price continuing bullish if we can get that close below. mapped out a couple of targets if price breaks a back above it will make our sell invalid.
Trade active
update on the usdjpy sell. we have some drawdown. but our resistance area held strong and we were able to get our tp 1 of 45 pips. price has retraced near entry and is still currently in profit. another great win
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.