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USD/JPY Pullback: Bullish Correction or Trend Reversal..?!

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ClearTradingMind  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators Contains image
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USD/JPY appears to be pulling back from the 155.400 level, which seems like a rejection zone. The higher timeframe is still bullish, but I'm hoping that bullish momentum is starting to exhaust. This retracement may be just a correction in the bull run. To minimize risk, I've placed my stop loss at 156.600, with a target at 153.200. Let's see what happens next!


๐ˆ'๐ฆ ๐š ๐ญ๐ซ๐š๐๐ž๐ซ, ๐ง๐จ๐ญ ๐š ๐›๐ซ๐จ๐ค๐ž๐ซ ๐จ๐ซ ๐ฉ๐ซ๐จ๐Ÿ๐ž๐ฌ๐ฌ๐ข๐จ๐ง๐š๐ฅ ๐ญ๐ซ๐š๐๐ข๐ง๐  ๐š๐๐ฏ๐ข๐ฌ๐จ๐ซ, ๐š๐ง๐ ๐ˆ ๐๐จ๐ง'๐ญ ๐จ๐Ÿ๐Ÿ๐ž๐ซ ๐š๐ง๐ฒ ๐ฉ๐š๐ข๐ ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ. ๐“๐ก๐ž ๐ญ๐ซ๐š๐๐ข๐ง๐  ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ ๐ˆ ๐ฌ๐ก๐š๐ซ๐ž ๐ซ๐ž๐Ÿ๐ฅ๐ž๐œ๐ญ๐ฌ ๐ฆ๐ฒ ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐ญ๐ก๐จ๐ฎ๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ; ๐ข๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐ข๐ง๐ญ๐ž๐ง๐๐ž๐ ๐š๐ฌ ๐ญ๐ซ๐š๐๐ข๐ง๐  ๐š๐๐ฏ๐ข๐œ๐ž. ๐ˆ ๐š๐ฆ ๐ง๐จ๐ญ ๐ซ๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ข๐›๐ฅ๐ž ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ญ๐ซ๐š๐๐ข๐ง๐  ๐ฅ๐จ๐ฌ๐ฌ๐ž๐ฌ. ๐ˆ'๐ฆ ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐š ๐ญ๐ซ๐š๐๐ž๐ซ ๐ฅ๐ข๐ค๐ž ๐ฒ๐จ๐ฎ
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