A good opportunity to get short in USDJPY:
-Rejection of upper trend line
-Previous support has become resistance
-Retracement up to the 618 level
I put the stop just below a Previous supply/demand level to allow me to take a RR of near 1:3, with the first target down at the last low
-Rejection of upper trend line
-Previous support has become resistance
-Retracement up to the 618 level
I put the stop just below a Previous supply/demand level to allow me to take a RR of near 1:3, with the first target down at the last low