USDJPY Shorts loaded! #7
Certainly! Here's a revised version:
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Hello Traders,
I've embarked on a journey of 1,000 trades, and here we are at trade number 7. We'll do a thorough review when we hit trade number 10.
In this trade, we're looking at USDJPY. As I write this, the price is moving in our favor.
This setup is straightforward: the price is forming lower lows and lower highs. We've just seen a rejection off a resistance level, and I'm anticipating that the price will drop to 141.700.
The risk-to-reward ratio on this trade is 4.5, which looks promising. However, remember to apply risk management at all times.
Best regards,
Renaldo
---
Hello Traders,
I've embarked on a journey of 1,000 trades, and here we are at trade number 7. We'll do a thorough review when we hit trade number 10.
In this trade, we're looking at USDJPY. As I write this, the price is moving in our favor.
This setup is straightforward: the price is forming lower lows and lower highs. We've just seen a rejection off a resistance level, and I'm anticipating that the price will drop to 141.700.
The risk-to-reward ratio on this trade is 4.5, which looks promising. However, remember to apply risk management at all times.
Best regards,
Renaldo
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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.