On Monday I had shorted 10,000 USDJPY at 109.53, stop level at 11.46, target level at 108.20.
Triple top is formed in the hourly chart, looks like the uptrend is over for this cross.
USDJPY is now trading at 108.72, up 99 pips, profit is US$85.21.
My system has signal SELL for USDJPY since it was trading at 109.60, and it is still signal SELL now.
If you are interested to know the details of my trading system, send an email to me at
metal.commodity@gmail.com.
Chart:
Forex & Binary Trading: USDJPY profit up 99 pips