U.S. Dollar / Japanese Yen
Long
Updated

USDJPY [1-3 days view]

51
Long USDJPY
Entry: 110.655
SL: 110.33
TP: 111.42


  • After the crazy impulsive move down, market actually rebounded. Price is now testing ascending trendline support.
  • Market is also holding above EMA (17). MACD is now testing 0% level and has moved up into bullish territory.
  • This is a short term play with a simple risk reward of 1:2


Market pulled back and triggered my buy order.
Trade closed: stop reached
Stop taken out. Position closed.

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