USDJPY, Short on a Potential 3.5R Setup
Signal Alert - Sell Limit-USDJPY @ 113 , TP @ 173 Pips
- Price broke structure and retested a previous support with significant rejections and momentum confirmation for further downside
- Strong bearish candles are presented, with a broken out psychological level @ 113.00, opening up a bearish trading range towards next major support level
Price: 113
SL: 113.49 (49 Pips)
TP: 111.27 (173 Pips)
- Price broke structure and retested a previous support with significant rejections and momentum confirmation for further downside
- Strong bearish candles are presented, with a broken out psychological level @ 113.00, opening up a bearish trading range towards next major support level
Price: 113
SL: 113.49 (49 Pips)
TP: 111.27 (173 Pips)
Trade closed: stop reached
Stopped out, but setup is still valid for downside movement
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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.