USDJPY Breakdown from Overextended Move
I think the USDJPY is a bit overextended, and due for if anything a small retracement.
Two short entries, as outlined, are used because 123.04 is not very strong resistance.
1st entry is half as large as 2nd.
Target is a trendline as outlined, Target 2 perhaps the 20 or 50 EMA TBD
Two short entries, as outlined, are used because 123.04 is not very strong resistance.
1st entry is half as large as 2nd.
Target is a trendline as outlined, Target 2 perhaps the 20 or 50 EMA TBD
交易結束：目標達成
This trade went very well, with a profit of approximately 40 pips. The price didn't reach the second entry target, but neatly broke out of the channel and to target
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