Hello Traders! This a MACD + candlestick sell strategy
This is a 1:4 sell trade
USDJPY
Sell @ 103.76
Stop-loss 108.56
Take profit 108.35
We can see the MACD cross which is showing for the sell and there is a strong bearish candle.
We will only risk one candle to take the 4 times of it.
Market will break this correction range soon and we will sell again after it reaches the t.p
Last week my win ratio was 50% but with the help of risk management, we manage to make 12%.
This is a 1:4 sell trade
USDJPY
Sell @ 103.76
Stop-loss 108.56
Take profit 108.35
We can see the MACD cross which is showing for the sell and there is a strong bearish candle.
We will only risk one candle to take the 4 times of it.
Market will break this correction range soon and we will sell again after it reaches the t.p
Last week my win ratio was 50% but with the help of risk management, we manage to make 12%.
Comment:
Stop loss 108.86