USDJPY Sell Setup

Jul 6, 2016

Details on chart.

Jul 8, 2016

Note

As far as it is below 102.. there are very high chances for usdjpy to slip below 100 and upon clear break of 100.. it will open doors of 94.. Stay short!

Jul 10, 2016

Note

If usdjpy remains below 101.4 on monday then we will see break of 100 and towards 99.3 on monday.

Jul 11, 2016

Note

Stopped out but my direction is still down for this pair in coming weeks..

I am still holding short from 106.06 and will watch for more action.. For now if it goes towards 104 then i will short from there for target towards 94..