USDJPY - Update!

2019-12-04 16:26:57

Hello my dear friends,


We've mentioned in a previous idea that USDJPY showing lag of bullish momentum and we must break the ascending trendline line to confirm this lag.

https://www.tradingview.com/chart/USDJPY/QhRI4MK4-USDJPY-protect-your-position/

USDJPY break below this trend and we would target lower price levels.


Short market @ 108.714
Stop-loss @ 109.69

Target 1 @ 107.859 -- R/R ratio : 0.88
Target 2 @ 106.496 -- R/R ratio : 2.27

Good luck!