Today I see another opportunity to sell JPY pairs with bounces. We - TopicsExpress

Today I see another opportunity to sell JPY pairs with bounces. We sold JPY pairs successfully yesterday with hundreds of pips falling in our pocket when the current downtrend continued and I suggest doing the same thing today. The best spot for selling GBP/JPY pair would be near 169.96. Sell two positions. EUR/JPY has retraced more than 80 pips from yesterdays’ low of 139.04. I suggest selling it near 140.10. Sell two positions and close them gradually. After the price moves in our favor for 40 – 50 pips, move stops to break even. Initial profit target should be near 139.04. I also suggest selling USD/JPY from 102.50. More at forexsignals24/prepare-to-sell-usdjpy-eurjpy-and-gbpjpy-on-bounces/

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