USDJPY short

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Ghi chú
A safer TP would be between 112.300 and 112.550
Ghi chú
Thanks to this bicktash chart
UJ ceiling test
I was able to see the real target.

Which is the ascending line from this weekly chart
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Let's zoom in to 4H, this is the magic line
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So 111.700 is the target... BUT I think there is a high probability of breaking that support and push the price down to at least 107.200...

If you want to short I suggest you wait and see if the price bounces from the support drawn on the 4H chart I just mentioned and sell on the 1 hour chart using the 200 SMA as entry
Ghi chú
SL moved to 113.259 and TP to 111.900
Ghi chú
I closed my position on friday, a good place to try to go short again is 113.4 with SL above 1 hour 200 SMA

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