USDJPY - Inside Day SHORT trade - could be explosive

Hello all - DuncanForex with another trade idea.

With Gold finally taking it's second leg higher this afternoon - (please see related trade below) - I am in turn expecting JPY to gain strength.

if the inside day is printed tonight on USDJPY, I can see JPY gaining strength overnight and USDJPY falling lower rapidly (may even gap after 22:00 BST with lack of liquidity.)

I have entered the market at 108.10 and I'm aiming for the 105 area.

Thanks for looking

Duncan
Candlestick AnalysisduncanforexEconomic CyclesjpyshortSupport and ResistancetradesafeUSDUSDJPYweakness

İlgili yayınlar

Feragatname