xela75

Ranging Market Opportunity @USDJPY

Short
xela75 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Nice ranging market opportunity at USDJPY. It bounced three times from resistance area around 114.300 and went down in the direction of support at 108.226. Could be an opportunity with three targets.

S/L goes above resistance at around 115.000

t1: 112.101 -- RR 1:2.1
t2: 110.771 -- RR 1:3.5
t3: 108.501 -- RR 1:6!!!

Watch closely for a bounce back from current support area.
Trade active:
Active since last night. Slowly but it's going down …

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