USD/JPY - Short

11 באוק׳ 2017

Entered Short position a few hours before FOMC, a little risky, but charts suggested bearish momentum . MACD Histogram Divergence on Daily TF, 150 Pip Fake Break out of Key level. and stops taken with spike above trapping traders long.
Open Interest Rising on JPY Futures with COT data suggesting Commercials buying JPY.