USD/JPY More shorts on the horizon - Ichimoku Setup
This pair has been trending down for a while and I'm looking to add to my short positions.
I'm looking at one more move back up to tenkan sen to enter my new short.
I'm aiming for previous price structure lows as my long term target but I also added a shorter term target to take partial profit at.
I will continue to add to my shorts as long as the bearish confirmations remain.
If those confirmations change or we fail to break lower, this setup may become invalidated.
I'm looking at one more move back up to tenkan sen to enter my new short.
I'm aiming for previous price structure lows as my long term target but I also added a shorter term target to take partial profit at.
I will continue to add to my shorts as long as the bearish confirmations remain.
If those confirmations change or we fail to break lower, this setup may become invalidated.