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U.S. Dollar / Japanese Yen
Short

USDJPY SELL SETUP

By PotentFX
Updated
It is on the uptrend but overextended. A pullback is coming. Maybe a sharp drop

Risk no more than 1%.
Once a trade is in 70 pips profit, set BE
Trade active
30+ pips in profit
Trade active
200+ pips in profit
Trade active
400 pips in profit. Close half and move SL to 158.70
Trade active
440+ pips in profit.
TP 2 152.00
TP3 144.00
TP4 138.00
TP5 128.00
Trade active
600+ pips in profit.

TP2 152.00 coming soon
Note
TP 2: 152.00 Hit
Trade active
Over 1000+ in profit.
With BoJ news, we are more likely to see soon our TP2: 144.00
Trade active
1300+ pips
300 more for TP2: 144.00
Note
TP3 144.00 Hit
1770 pips Done

Next: TP4 138.00
Trade active
It seems like we might see a pullback to 149.00
Trade active
As predicted 149.00 is approaching
Trade active
149.00 hit

In the current situation, I am seeing back to 161.70
Chart PatternsTrend Analysis
PotentFX

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