USDJPY Shorts loaded! #7

48
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

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