USD/JPY - daily close below the support.. lets short
Updated
Hi All,
Here we have the USD/JPY on a 1HR time frame, I believe this may be a good time to SHORT to the previous low because we have a CLOSE below the DAILY support and on the 4HR time frame we have a good rejection wick which I then switched to the 1HR time frame and placed an entry upon an engulfing bearish candle.
Good luck and trade safe.
L
** This is not financial advice and this is my opinion and for educational purposes only - All feedback is welcomed **
Here we have the USD/JPY on a 1HR time frame, I believe this may be a good time to SHORT to the previous low because we have a CLOSE below the DAILY support and on the 4HR time frame we have a good rejection wick which I then switched to the 1HR time frame and placed an entry upon an engulfing bearish candle.
Good luck and trade safe.
L
** This is not financial advice and this is my opinion and for educational purposes only - All feedback is welcomed **
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.