USDJPY RETEST 2 YEARS SUPPORT AND DONE 38.2% FIBO RETRACEMENT

After NFP, I see price action only done 38.2% fibo retracement. Also on Monday and Tuesday close, USDJPY didn't make higher high from Friday high. So, these 2 days price action is confirmation to go short.

Entry level 109.550 - 109.650

Risk 50 pips

TP1 100 pips
TP2 200 pips
TP3 300 pips

Good luck

Handel aktiv:

All 3 short position at 109.56

Kommentera:

TP1 hit at 108.56

Kommentera:

Great, TP2 hit at 107.56

Trade stängt: målet nått:

Excellent, last short position hit TP3