USDJPY - Showing a scalp short
Updated
Posible short squeeze to start the quarter/month. Graph showing a ceiling from previous highs/lows plus in the upper side of the current down channel - if upward move is rejected a good short setup is possible. Risk remains high for equities follwing SP500 break of the 200dma, this now being the area to watch.
Intra-day setup confirmation awaited - look for bearish swing patterns
Intra-day setup confirmation awaited - look for bearish swing patterns
Trade active
Trade opened on H1 timeframe bearish engulfing candle formationTrade closed manually
Trade closed at 106.20 due to fundamentals new trade opened at 106.80Trade closed: stop reached
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