yin888

USDJPY correction before another impulse?

Короткая
yin888 Обновлено   
FX:USDJPY   Доллар США / Японская иена
Price has break through support at 112.05 very aggressively with a HUGE bearish momentum candle. The main reason for this was due to China voicing out that they are considering on slowing or halting purchase of U.S. Treasuries. This caused a sharp drop in the Greenback. Although I believe Dollar will still rise, Yen appears to be too strong for Dollar (currently) for this pair to head back up. I'll expect a correction based on H1 timeframe and will enter if an opportunity arises. My TP target would be the next swing low at 110.84
Сделка закрыта вручную:
Price has almost hit target. You can book all profits.
Комментарий:
If you held, congrats! From a later position (after the corrective structure), you should be able to book 100 pips profit safely.
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