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PULEMokhothu
Mar 4, 2021 2:42 AM

USDJPY 107.089 + 0.07 SHORT IDEA * STRUCTURE, REVERSAL PTTNS Long

U.S. Dollar/Japanese YenFXCM

Description

Hello everyone

hope everyone is having a good week, here's a look at the DOLLAR / YEN

* The pair is trading within a ascending channel structure currently at the roof of this structure
* will be looking for reversal patterns on the pair targeting a possible retest of the base of structure
* Watch price and keep a tight stop just above the structure, a break above changes the plan
* follow your entry rules on entries
* significant moves with the bulls change the plan.
* TIGHT SL

lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.

Trade closed: stop reached

Comments
Stargazer_fx
great technical analysis
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