USDJPY Short Trade Setup
Updated
Usd has been gradually losing its gains against Yen after a H/S formation and seemingly has had a shift in trend for the time being. Shorts do seem to be in play so we'll go short on this market.
Entry: 151.06
Target: 147.68 (1:1 RR) & 144.28 (1:2 RR)
Stop: 154.49
Entry: 151.06
Target: 147.68 (1:1 RR) & 144.28 (1:2 RR)
Stop: 154.49
Trade closed manually
Closed at 152.42 as price action is signaling bearish trade setup invalidation.
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