UsdJpy Trade Idea

2023年11月20日

Yesterday I published a post on UJ. I stated price was at a major support level being 149.277. I was waiting on price to close and stay above support on higher time frames. Instead higher time frames showed a flip on both monthly and weekly time frames after respecting resistance at 151.745. With higher time frames shower major rejection from resistance along with bearish structures, we could expect shorts from here on out. I personally shorted UJ after the retest of the major support at 149.277. I’m personally looking for a 1:4rr!