USDJPY Short
Updated
USDJPY has broken its trendline, retested and confirmed it. The retest level is confluent with the 89 EMA as well as a key support level, now turned resistance. A down fractal also formed with the 89 EMA and Williams Alligator. Further support levels will be used as price targets.
SL: 110.100
TP1: 109.21
TP2: 108.5
SL: 110.100
TP1: 109.21
TP2: 108.5
Trade closed: stop reached
Comment
USDJPY is still dancing around its trendline. There may be an opportunity for re-entry.
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