Sell UJ, Waiting for it to hit TP
Reason:
1. Double top indicates changing the trend to a downtrend.
2. Just break the below symmetrical triangle make the sellers stronger.
3. There's a little bit of consolidation indicates it cannot go higher in the purple zone.
If you Agree, hit the like button to share with others how to set up a trade. FX:USDJPY
Priority:
1. Stop loss must smaller than your take profit.
2. Must at least 2 reasons why you enter the trade.
3. Trade and Forget
Psychology:
1. Not all setup is valid, its fact, the market always changing its direction, the important is we have reason and we have analysed it.
2. Trading is predicting the market.
3. The only way to win in Forex is by controlling your lot size and your risk to reward ratio.
4. Sometimes when the price hit your stop loss but you still follow your SYSTEM, its still a good trade. READ IT AGAIN!
Reason:
1. Double top indicates changing the trend to a downtrend.
2. Just break the below symmetrical triangle make the sellers stronger.
3. There's a little bit of consolidation indicates it cannot go higher in the purple zone.
If you Agree, hit the like button to share with others how to set up a trade. FX:USDJPY
Priority:
1. Stop loss must smaller than your take profit.
2. Must at least 2 reasons why you enter the trade.
3. Trade and Forget
Psychology:
1. Not all setup is valid, its fact, the market always changing its direction, the important is we have reason and we have analysed it.
2. Trading is predicting the market.
3. The only way to win in Forex is by controlling your lot size and your risk to reward ratio.
4. Sometimes when the price hit your stop loss but you still follow your SYSTEM, its still a good trade. READ IT AGAIN!