USDJPY Short Trade Setup
Usd has been gradually losing its gains against Yen after a H/S formation and seemingly has had a shift in trend for the time being. Shorts do seem to be in play so we'll go short on this market.
Entry: 151.06
Target: 147.68 (1:1 RR) & 144.28 (1:2 RR)
Stop: 154.49
Entry: 151.06
Target: 147.68 (1:1 RR) & 144.28 (1:2 RR)
Stop: 154.49
Trade closed manually
Closed at 152.42 as price action is signaling bearish trade setup invalidation.
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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.