USDJPY LONG ways to drop

9 בספט׳ 2018

I entered a short a few months ago which is up huge. Fundamentally i like this trade and technically its beautiful. We had a pullback last week with strengthening of the USD but I see this trade dropping 1000 pips in total. Inevitably the USD will soften giving the yen more strength. I believe when we break 109.5 we will see price fall off a cliff