USDJPY Short - 3.5 : 1 - Engulfing candle at Resistance
Hello all
I'm looking to short USD against JPY, this may take a while to play out due to my belief that USD is strong, however the R:R meets my requirements and the entry meets my rules therefore I am in.
To me it looks like a bullish fakeout is forming before it then returns a leg lower.
Just a trade idea, and not trade advice.
Thanks for looking.
I'm looking to short USD against JPY, this may take a while to play out due to my belief that USD is strong, however the R:R meets my requirements and the entry meets my rules therefore I am in.
To me it looks like a bullish fakeout is forming before it then returns a leg lower.
Just a trade idea, and not trade advice.
Thanks for looking.
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.