USD/JPY (1/11/17) *UP to +320 pips potential trade set up
Previously, USD/JPY was riding well the pullback of USD.
Since I am expecting USD to turn back weaker and JPY to strength, this pair becomes a good contender for a short entry.
It is now near a nice tripple top. It may swing up more first, just to slide back down. That scenario is highly possible.
If the trade goes as per plan. it can swing back to 111.27 level and we can potential net up to +320 pips.
Let's see
S0nic
Since I am expecting USD to turn back weaker and JPY to strength, this pair becomes a good contender for a short entry.
It is now near a nice tripple top. It may swing up more first, just to slide back down. That scenario is highly possible.
If the trade goes as per plan. it can swing back to 111.27 level and we can potential net up to +320 pips.
Let's see
S0nic
Nota
Still in track. It is no much movement so far.
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Telegram: t.me/sonictraders
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.