Hello Everyone i want share my idea about USDJPY Pair.
After big fall of JPY Index i think it found some strong buyer, what i am looking price was coming so strong downside and it came back for retest, i think this fall will continue, also this price reaction was at weekly resistance after buyside liquidity.
i think JPY still bearish but after some big, long and strong fall it found buyer and my mission is catch this movement.
Open short position - 149.200
Stop loss - 150.800
Take Profit - N/A ( I will follow trend with trail stop)
Good luck everyone!!! Always manage your risk and make your own research!!!
After big fall of JPY Index i think it found some strong buyer, what i am looking price was coming so strong downside and it came back for retest, i think this fall will continue, also this price reaction was at weekly resistance after buyside liquidity.
i think JPY still bearish but after some big, long and strong fall it found buyer and my mission is catch this movement.
Open short position - 149.200
Stop loss - 150.800
Take Profit - N/A ( I will follow trend with trail stop)
Good luck everyone!!! Always manage your risk and make your own research!!!
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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.
Related publications
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.