USDJPY Analysis - Short Setup Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Aug 4, 2023 5:09 AM

Anticipating lower prices on UJ.

This is a retracement setup to go for lower prices. When prices gets to my entry area I will see how price forms on the lower timeframes for a better RR. If the formation of price structure lines up with my bias, I will enter.

Always wait for confirmation on lower timeframes.

R2F