USDJPY SELL
UJ ultimately is in a range. However we are at the top of the range. I don't normally range trade but this trade is fairly simple. There was a small region of consolidation. Once UJ broke below the lowest wick there, I entered for a sell. Potential target is near the bottom of the trading range. Lets see what happens. 1st trade this Friday during asian session.
Trade closed: target reached
I'm going to close my profit here for a gain of 11 pips. Fairly short trade but the price is starting to respect the support line at 104.574. Decent trade.
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.
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.