With the underlying trend of USDJPY heading downwards, the top of the price value becomes a good short entry for this pair. The top of news events is often reached within two hours from the time the news was published. Keep an eye on this one till 1.30pm UTC.
İşlem kapandı: hedefe ulaştı
Although target has been reached I expect this pair to have a lot more for us in petto. I closed it and If you decide to let it run just watch out for PA patterns and candle formations. Be consistent with your stop loss execution and when it appears that the market moves against you get out quickly and review your position.
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