USDJPY SHORT
Updated
X marks the Spot.
For a Bullish Price Action, I expect a slight bounce to the 111.38 region. Another bounce at the 108.119 region. This will be short-lived.
For a Bearish Price Action, I expect the Bears to continue to drive this pair lower.
Look to SELL every rally.
1st Target at 109.8
2nd Target at 108.119
Worst case scenario, 3rd Target at 104.660
For a Bullish Price Action, I expect a slight bounce to the 111.38 region. Another bounce at the 108.119 region. This will be short-lived.
For a Bearish Price Action, I expect the Bears to continue to drive this pair lower.
Look to SELL every rally.
1st Target at 109.8
2nd Target at 108.119
Worst case scenario, 3rd Target at 104.660
Trade active
1st Target Hit.Reaching for next Target.
Trade closed: target reached
2nd and 3rd Target reached. Trade idea closed.
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