Hello my dear friends,
We've mentioned in a previous idea that USDJPY showing lag of bullish momentum and we must break the ascending trendline line to confirm this lag.
USDJPY break below this trend and we would target lower price levels.
Short market @ 108.714
Stop-loss @ 109.69
Target 1 @ 107.859 -- R/R ratio : 0.88
Target 2 @ 106.496 -- R/R ratio : 2.27
Good luck!
We've mentioned in a previous idea that USDJPY showing lag of bullish momentum and we must break the ascending trendline line to confirm this lag.
USDJPY break below this trend and we would target lower price levels.
Short market @ 108.714
Stop-loss @ 109.69
Target 1 @ 107.859 -- R/R ratio : 0.88
Target 2 @ 106.496 -- R/R ratio : 2.27
Good luck!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.