USDJPY: Monthly target pending
Updated
I'm shorting USDJPY here, aiming to hit the monthly target for May, which sits at 102.51.
If it isn't hit in time, we might see a double bottom type of situation and probably rally during June and the rest of the year.
Let's give it a shot here, risk half on this entry, it's very aggressive but potentially very rewarding.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
If it isn't hit in time, we might see a double bottom type of situation and probably rally during June and the rest of the year.
Let's give it a shot here, risk half on this entry, it's very aggressive but potentially very rewarding.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Trade closed manually
The inside bar isn't what you want to see, there's momentum in the 1h chart. Nikkei is pulling back up, uncertain at this point. I'd reccomend getting out and waiting.Market isn't trending clearly at this point, not the time and place to trade.
Standing aside and reducing risk/widening stops is the best way to go if swing trading.
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
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.