Nice set up to go short USDJPY at 3 time frames
Updated
Down turn momentum just pick-up in USDJPY as trade war worries rising after the departures of Gary Cohn and Rex Tillerson from the White House. Smart money went to safe haven in US Bond, Yen push US T-Bond higher close to the MA(20) resistance and JYX moved to above 94.
Time to go short USDJPY for short-term target at 103.5, stop loss at 106.5
Time to go short USDJPY for short-term target at 103.5, stop loss at 106.5
Trade closed manually
Manually close at 106.15 as 2 MA lines at H1 cross up, change to buy opportunity for long term, stop loss at 105.5
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