USD/JPY SELL IDEA

Hey tradomaniacs,

welcome to another free trading-setup.

Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmatio!



USD/JPY: Daytrade-Preparation

• Market-Sell: 105,420
  Stop-Loss: 105,870
  
  Point of Risk-Reduction: 105,000
  Take-Profit: 104,370
  
  Stop-Loss:38 pips
  Risk: 0,5% - 1%
  
  Risk-Reward: 2,35
  

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Peace and good trades
Irasor

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Zlecenie aktywne:

USD/JPY: Execution with a market-sell-order

Watch out: JPY is currently so weak because of the rising YIELDS. If Yields continue to rise price could break above resitance-zones 👉 Aggressive management required❗️

DXY is still very weak, sp wort ha try to see who is weaker (JPY or USD).

Komentarz:

Positions still in play, but a little bit unlucky for our Gold-Trade due to volatility in yields with a simultaneous up-move and so retracement of the US-DOLLAR.

DXY (US-DOLLAR) us currently re-testing a strong resistance-zone after the breakout this morning, while YIELDS seem to find a little bit of resistance here.
If both reject we get the perfect scenario for our other open positions.