PipskeetFX

USDJPY Trendline Broken, Short Entry

Short
PipskeetFX Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has broken the lower trendline on the 1H chart. Advisable to go for a short here and target at least the 61.8% retracement.
Trade active:
Entered a short at current price. Stops a little bit above the previous retracement at 114.050. Targeting the 61.8% retracement at 111

Safe trades everyone! Good luck!
Trade closed manually:
Happy with my profits here. Closed manually.

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.