USDJPY short M15
USD currently weak across multiple timeframes, which counters JPY strength. Potential bearish opportunity at second impulse of Fib retracement. Conservative order to avoid incorrect analysis.
Trade closed: stop reached
Entry too aggressive, not enough SL given for potential break to the upside 61.8 level.
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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.