USDJPY SELL SETUP

By magnificenthart
Updated
We are looking at USDJPY for a sell trade.
This pair has been locked within the 148.000 resistance level.

After series of retest of the resistance zone and failure to break this zone, i expect price to head down to support at 146.660.

If support hold, we can anticipate the buyers to gain some momentum and push price above the 148:000 significant level.
Trade active
Trade active
Seller can secure secure little profit and anticipate some bullish pullback to 148:000 resistance zone.
Comment
Sellers are not giving up. Trading running in + profits.
Trade closed: target reached
We made some good profits. I will wait for news impact to fade up for reentry into this pair.

give me the thumbs up, like and follow my page for more.
Trade active
Comment
We added few more positions from the top.
Trade active
TP1 smashed
Chart PatternsTechnical IndicatorsTrend Analysis
magnificenthart

Disclaimer