USDJPY Possible Daily 50MA Rejection and the Handle formation

3 Mar 2017

USDJPY looks like it got rejected by the daily 50MA courtesy of Janet Yellen. As long as the bearish momentum continues, its possible that we may retest the daily low once more completing the handle before NFP/FOMC.

Entry: 114.241
SL: 114.5
TP: (tp1) 113.5 (tp2) 112.7 (tp3) 111.6

Any feedbacks are appreciated!

6 Mar 2017

İşlem elle kapatılmış

Closed remaining shorts on profit due to possible reversal