USDJPY Price break new low. Pullback to structure
Updated
*Steady downtrend, price break new low
*Pullback to structure
Watch for price action first. Find the bearish signal such as pinbar, inside bar breakdown, or engulfing.
RR Ratio 1.7:1
(Note: Never trade with the money you can't afford to lose)
Good luck.
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*Pullback to structure
Watch for price action first. Find the bearish signal such as pinbar, inside bar breakdown, or engulfing.
RR Ratio 1.7:1
(Note: Never trade with the money you can't afford to lose)
Good luck.
Please like, comment, and subscribe to support the author if you find this analysis helpful
Note
The price shows bearish signal. But still better to watch price action first in monday before entering the short. Price could go for higher correction/
Note
You can put your stop loss in 112.33 for more gap. But personally, i like tighter stop loss and bigger RR ratio.Trade active
Trade closed: stop reached
Break the resistance. Exit trade. Our stop loss safe us 45 pips.
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