USDJPY

1. The price has broken out of trendline.
2. Waiting for the MACD to fall below zero line.
3. Once the the 50sma turns red we go short
4. Stop-loss 5 pips above the price.
5. Take profit has to atleast 1:3
We will look for other tools like fib and bearish corrective trendline.
50smaChart PatternsTechnical IndicatorsriskrewardtakeprofitTrend AnalysisTrend Line Break

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