USDJPY SHORT
Updated
Here's my setup on a weekly level. A few things that indicate a short would be a good trade to me. (A good trade means I am okay losing the trade because I have waited for my high probability setup to come)
1) we have a consolidation on a weekly level
2) price moved away from this level already indicating sellers at this level
3) price failed to break highs from the 5th &6th last week
4) equal lows below market formed on the 10th
1) we have a consolidation on a weekly level
2) price moved away from this level already indicating sellers at this level
3) price failed to break highs from the 5th &6th last week
4) equal lows below market formed on the 10th
Note
By consolidation I mean a 15min consolidation formed on my weekly levelNote
Trade still good! Ideally will hit during the Asian trading session tonight!Note
In at 10720, stop to BE, euro looks weak Soni may get stopped outNote
so I***
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