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.
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!
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.
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!
