I have identified good levels for a short-term sell on USD/JPY with a favorable risk/reward ratio. The current market structure suggests a potential move downward, making this setup ideal for traders looking for short opportunities.
🔑 Key points to keep in mind:
Always use a stop loss to manage risk effectively. Ensure your position size aligns with your trading plan and risk management strategy. Wishing everyone good luck and successful trades!
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.