USDJPY SHORT OR DO NOTHING

We now have 3 completed Structural Failures, this means downtrend is now in force and we should see more lower prices in the usdjpy.
Add to shorts below 108.45 and our initial stop loss is at 108.93 area.
Below 108.45, move SL to 108.72.
Initial Traget is 106.48.

Handel aktiv

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Downside Momentum?

Trade stängt manuellt:

26 Pips. No follow through to the downside. its weekend and anything can still happen where pice is currently trading. We will assess on monday.

Handel aktiv:

usdjpy- Re-Entry: Discount
So we closed this position at the close of the market on friday. Another chance to re-enter at a discounted price in expectation that we will see 108.45 break with momentum which is the key.

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THIS IS IT!!! FINAL CONFIRMATION