Structure Play - Bearish Price Action
Updated
Trading off price action. Looking for price to bounce of Resistance zone - sellers to come in and push price bearish as we also have buyers taking profit
1st target at 1.5R and move stops to breakeven
Manage trade if it moves bearish to target 2R and 3R
Fundamentally - Yen has been gaining strength as a safe haven across its pairs
Good luck!
1st target at 1.5R and move stops to breakeven
Manage trade if it moves bearish to target 2R and 3R
Fundamentally - Yen has been gaining strength as a safe haven across its pairs
Good luck!
Note
Trade hit 1st Target at 1.5 risk to rewardStops moved to BE
Note
Price hit 1st target at 1.5R and got stopped out for breakeven on remaining position
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