USDJPY SHORT: Simple structure trade with confirmation
Updated
very nice potential selling setup on USDJPY.
market has recently reached a strong structure resistance level 106.7
the rejection candle clearly signifies the strong bearish pressure in this area.
now I am waiting for a bearish break and close below 106.3
it this condition is met,
we can activate short
T1 - 105.9
T2 - 105.4
Stop - 106.85
Comment
Nice drop
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