USDJPY Price break new low. Pullback to structure

*Steady downtrend, price break new low
*Pullback to structure

Watch for price action first. Find the bearish signal such as pinbar, inside bar breakdown, or engulfing.

RR Ratio 1.7:1

(Note: Never trade with the money you can't afford to lose)

Good luck.

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Commentaire:

The price shows bearish signal. But still better to watch price action first in monday before entering the short. Price could go for higher correction/

Commentaire:

You can put your stop loss in 112.33 for more gap. But personally, i like tighter stop loss and bigger RR ratio.

Transaction en cours

Trade fermée: ordre d’arrêt atteint:

Break the resistance. Exit trade. Our stop loss safe us 45 pips.