USD/JPY: Shorting the pullback

Hi guys,

Interesting setup on USD/JPY, We have lower volumes at this area which is a resistance.

Shorting at market price the pullback to 1st fib level could be an idea. Target would be 113.720.

If you haven't checked my previous ideas please have a look. And give me some love :-)

Best

Jesse

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Trade still ongoing

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The pullback should technically test the former daily resistance.

I will not look for this trade though, just taking 20 points as suggested above.

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***UPDATE***

OK guys, I am lowering my target (which means more profit!). I think the pair will go and test its previous flat resistance at around 113.620.

Details below.

Good night!

Jesse

Trade geschlossen: Ziel wurde erreicht:

Target hit

did someone take the trade?

I would really appreciate if we could interact. Lots of views but unfortunately no one is commenting.

I don't see the point of posting in here if it's only to give my point of view and insights

Trade geschlossen: Ziel wurde erreicht:

This is why I love trading