short set up for USDJPY

by getting more strength on JPY index now this pair has strong chance to drop.

so based on the strategy on the chart if the price break the dynamic support level

or the trigger level, downward pressure has chance to continue more.

if you set short position a proper stop loss would be above 149.5 level.

we also could have more sideways hours in to the area before any strong move.



Enjoy the market
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تم فتح الصفقة:

broke the level as expected

تم فتح الصفقة:

still bearish

تم فتح الصفقة:

retested the trigger zone but still bearish in longer time frames
so the strategy is the same.

أغلقت الصفقة: تم الوصول للهدف:

hit the target but still bearish and can test lower area on the chart below.

أغلقت الصفقة: تم الوصول للهدف:

and touched the second target as expected.

تعليق:

will keep dropping to the demand area.