SHORT USD/JPY
USD/JPY is hitting resistance level and on friday showed weakness, but there still might be a little retracement on the upside, to 50 - 61.8 FIB level (1 hour chart), where to open position.
First profit target is at 1.618 extension which correlates with previous support/resistance levels.
Second profit target is at previous support.
Due to US election and divergence on stochastics this trade is highly possible.
450+ pip move with Risk/reward 1:3 & 1:7
First profit target is at 1.618 extension which correlates with previous support/resistance levels.
Second profit target is at previous support.
Due to US election and divergence on stochastics this trade is highly possible.
450+ pip move with Risk/reward 1:3 & 1:7
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