faylee

longer term set up

Short
faylee Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
R1:107.52
R2:110
Tg:96
I'm look forward to the sell oppotunity on Sep or Oct., before BOJ interest rate decision meeting.
Comment:
Nov.1 BOJ rate decision
sell at arround 105.8, target at 102
Comment:
The previous short already closed,due to target reached.
Now UJ still looked very bullish, but in 1hour chart, it's already broken the trendline,if it cannot break the consolidation zone, try to short with small SL.
Trade active:
1st entry:107.53
Comment:
with SL at 107.6, small SL is good for a trial order
Trade closed: stop reached:
Now first trial oder failed, i closed my trade and wait for more clear signal
Trade active:
Short set up again entry at 107.864
Comment:
King's Crown in 5 min chart, heading target $107.5
Comment:
In daily chart, hit pivot R2
Trade closed: stop reached
Trade active:
re entry at 108.02
Comment:

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