Possible reversal on USD/JPY

2016年7月20日

Based on 1D chart, yesterday's candle closed with indecision, nicely within the resistance area. There's a lot of potential for a reversal, especially that USDJPY is in major downtrend.

2016年7月25日

註釋

This setup neither proved nor declined itself yet. We can see that the price seems to reverse though and this may be a good moment to setup the trade. I'll be looking for short entry around 105.20

2016年7月26日

交易進行

2016年7月26日

交易結束：目標達成

My first target was reached :)