USD/JPY - daily close below the support.. lets short
Hi All,
Here we have the USD/JPY on a 1HR time frame, I believe this may be a good time to SHORT to the previous low because we have a CLOSE below the DAILY support and on the 4HR time frame we have a good rejection wick which I then switched to the 1HR time frame and placed an entry upon an engulfing bearish candle.
Good luck and trade safe.
L
** This is not financial advice and this is my opinion and for educational purposes only - All feedback is welcomed **
Here we have the USD/JPY on a 1HR time frame, I believe this may be a good time to SHORT to the previous low because we have a CLOSE below the DAILY support and on the 4HR time frame we have a good rejection wick which I then switched to the 1HR time frame and placed an entry upon an engulfing bearish candle.
Good luck and trade safe.
L
** This is not financial advice and this is my opinion and for educational purposes only - All feedback is welcomed **
Trade closed: stop reached