USDJPY is Selling

68
having given a CHoCH, it is temporally retracing to the up side to take out liquidity before giving us an official downtrend on the 1hour time frame. sell 1 and sell 2 are the two possible areas it could touch prior to the expected movement. stop loss should be 50 pips above sell 2 and also manage your risk.

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.