Short USDJPY here at 131.050.
Reasons: 4hr 200MA sits here and price already rejected this area at first touch. Also price has done almost 300 pips from top to bottom. Let's see if it can close below 131.00 and give me some pips.
Cons: Today is Friday and price usually moves in one direction and keeps going that way.
Note: this is my second short at this top today. I didn't mention the first which I already closed in profit. See if it happens again.
Reasons: 4hr 200MA sits here and price already rejected this area at first touch. Also price has done almost 300 pips from top to bottom. Let's see if it can close below 131.00 and give me some pips.
Cons: Today is Friday and price usually moves in one direction and keeps going that way.
Note: this is my second short at this top today. I didn't mention the first which I already closed in profit. See if it happens again.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
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