USDJPY 60min Bearish Trend Continuation Trade (TCT)
Updated
This is a bearish TCT setup to get us back in the direction of the overall Bear Trend.
This trade is @ Market since we are banging up Resistance. Since we are so close to Resistance this trade gives us a good Risk/Reward.
Stops - 1 ATR above last swing high
Target #1 - Retest of Previous Lows
Target #2 - 1.27% Fib Ext
This trade is @ Market since we are banging up Resistance. Since we are so close to Resistance this trade gives us a good Risk/Reward.
Stops - 1 ATR above last swing high
Target #1 - Retest of Previous Lows
Target #2 - 1.27% Fib Ext
Trade closed: stop reached
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