Chart USDJPY : Bearish Butterfly Pattern
Updated
Good morning traders,
USDJPY formed a bearish butterfly pattern. I´m entering short at current levels with SL above 115 and 1st target at 113.15 and second target of 111.4
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Good luck
Josep Pocalles
USDJPY formed a bearish butterfly pattern. I´m entering short at current levels with SL above 115 and 1st target at 113.15 and second target of 111.4
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Good luck
Josep Pocalles
Trade active
First target achieved, close 50% position and remaining at break evenHave a great trading week !
Josep Pocalles
Top Technical Analysis Voice
linkedin.com/in/josep-pocalles/
One-to-One Trading Coach & Mentor
Telegram Channel
t.me/+QbOKfXHX1UArUQCB
Análisis
amconsulting.substack.com
Top Technical Analysis Voice
linkedin.com/in/josep-pocalles/
One-to-One Trading Coach & Mentor
Telegram Channel
t.me/+QbOKfXHX1UArUQCB
Análisis
amconsulting.substack.com
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