USDJPY Short
Daily Chart
- Multiple Doji days
- Still in the channel
4 Hour Chart
- Still ranging. Move to 200ma was fast then stalled
- Look for big move to entry point
- Stops above 200/50/4hr structure
- Targets to test previous lows
1 Hour Chart
- Break of trend towards down side.
- Remove half when trends goes upwards on lower
black lines - daily structure
purple lines - 4 hr structure
blue lines - range structure
- Multiple Doji days
- Still in the channel
4 Hour Chart
- Still ranging. Move to 200ma was fast then stalled
- Look for big move to entry point
- Stops above 200/50/4hr structure
- Targets to test previous lows
1 Hour Chart
- Break of trend towards down side.
- Remove half when trends goes upwards on lower
black lines - daily structure
purple lines - 4 hr structure
blue lines - range structure
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