USDJPY : SORRY BUT 0.61 FIB wins

USDJPY has been trading in a very tight range (like XAUUSD, which are always going opposite ways btw). UJ couldn't break through that 0.618 which is also a weekly resistance for this pair making this short a very good one RR trade.

I will be shorting this pair from here and I'm looking for a retest of the bottom of the descending bearish channel.

Trade safe!

Comentarios:

I forgot to add to my chart : The first retest isn't the bottom of the channel but rather the blue order block when the arrow points to.

Comentarios:

I moved my SL to 112.636 so the trade is still active.

Operación cerrada: precio stop alcanzado:

USDJPY found the way to push through!

We had a good RR so we are still in profit for the month!