Short it the safe way!

So USDJPY is now near a good supply zone and we can look to shot it from here.

But do it safe and no rush to take the extreme top, that use to burn fingers and wallets.
In the chart you see two ways to do it the safe way, and that how i would take that trade.

Like if you agree, follow and support please!

Good luck!

Note

Still no go yet here and here is why guys!

Note

We are clearly near a something big here and let's home to the down side as a correction soon. See below why!

Note

Yes a a touch but no close of a 4H yet. So eaaasy guys not yet :P

Note

WTF earthquake in Japan :O

earthquaketrack.com/quakes/2016-11-21-20-59-50-utc-7-3-10

Note

Last update b4 bed time: No good momentum yet.

Note

As expected this trade to be tricky one! but we have a good H&S on the 1H

Note

Huge divergence on RSI, get ready guys we may see momentum soon.

Note

So guys, idea invalidated for now, it can be a shakeout, and that's why i was very suspicious to this trade from the start. We follow the safety rules and i hope no one lost a dime on this trade coz i was clear from the start about the situation of this trade.

Note

A daily perspective on USDJPY. I think that shown level is market objective.

Note

This is for those who don't want to wait for a 4H close under the 20MA

Note

Some micro analysing guys :) That range to be broken down to short :)

Note

So guys here two ways to take a short here, keep in mind that we are trading against the trend so TP should be not too big.

PA-FX

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

PA-FX

Also on: