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by u/risk_first_nadia·19dIdea

My $USDJPY short idea for tomorrow

$USDJPYSHORTopen
Entry
158.1
Stop
158.4
Target
157.3

Thinking of taking a short on $USDJPY if we get a bounce into the 158.00-158.20 zone. JPY intervention risk is still high and the BOJ is signaling a tighter stance. Looking for a quick scalp.

4 comments · 3 points

4 Comments

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u/news_trader_max·17d

Good luck! Intervention risk is real but catching the top is tricky.

37
u/daytrade_deniz·16d

JPY is a widow maker. Be careful out there.

35
u/emerging_eva·16d

What makes you think 158.20 is the top? Could run to 159 easily.

35
u/swing_samir·18d

I'm with you. 158.00 seems like a logical area for a reversal or at least a pullback.

7

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