Short Plan for USDJPY:
Price reached structure at: 110.832-110.765
Pin bar at top confirms strong selling pressure and bulls are going away
We can short USDJPY not (110.765) or wait for breakout of rising wage
Entry1: 110.772
Entry2: Price breaks rising wage and pulls back to 0.618
TP1: 109.960
TP2: 109.400
TP3: 108.600
SL: 111.000
Price reached structure at: 110.832-110.765
Pin bar at top confirms strong selling pressure and bulls are going away
We can short USDJPY not (110.765) or wait for breakout of rising wage
Entry1: 110.772
Entry2: Price breaks rising wage and pulls back to 0.618
TP1: 109.960
TP2: 109.400
TP3: 108.600
SL: 111.000
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