Get started
AMD_Trading01

USDJPY Short idea

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
AMD_Trading01  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpyshort usdjpyanalysis downtrend swingtrade 4h
2
5
trendanalysis chartpattern indicator usdjpy usdjpyshort usdjpyanalysis downtrend swingtrade 4h
W can see price is trading nicely below the 200EMA and within the channel on the 4H. With the collapse of the US economy and slow death of the USD, would be a nice 1 to hold for the long run and more entries on pullbacks, but for now:
Entry 130.00 - 130.336
SL: 131.500 ( a bit above the resistance zone)
TP1: 129.700
TP2: 129.250
TP3: 128.920
TP4: Open

Related Ideas

AMD_Trading01
EURCAD Short Idea
AMD_Trading01
GBPUSD Long Idea
AMD_Trading01
USDCAD Short Idea
AMD_Trading01
GBPUSD Short Idea
AMD_Trading01
EURNZD Short Idea
AMD_Trading01
GBPAUD Short Idea
AMD_Trading01
EURJPY Long Idea
AMD_Trading01
CHFJPY Short Idea
AMD_Trading01
CHFJPY Short Idea
AMD_Trading01
EURUSD Long Idea setup
AMD_Trading01
USDCHF Long idea
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.