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U.S. Dollar / Japanese Yen
Short

UJ Short

By long1996
Updated
The pair is having difficulties pushing above the resistance at 110.6. It is also losing bullish momentum as it make a Lower High.

SL: 110.75
Entry: 110.6
TP1: 110.25
TP2: 109.9
TP3: 109.25
Trade active
Candle closed as bearish engulfing
Comment
Wait for retest of 110.25, a rejection will confirm the further downside move. If not close profit at that region.
Trade active
Moved SL to TP1 and let it run, more downside is possible
Chart PatternsTrend Analysis
long1996

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