- Trading Setup: Bearish Fib-3 Bat Retest - Entry Zone: Identified at Bearish Bat Retest or Key Resistance Zone - Signal Confirmation: Supported by RSI Divergence - Trading Expectation: Expect potential stop-outs on lower time frames
Trade Plan:
- Short Opportunity: Aggressive traders may consider shorting USDJPY at the identified retest zone - Risk Management: Plan trades in advance and adhere to rules that invalidate the setup
Your Thoughts? Are you considering a short position on USDJPY? Share your insights and trade plans in the comments below!
📉 Remember to trade responsibly and manage your risks effectively! Trading involves inherent risks and requires careful analysis.