neat_trader

USD/JPY 1H ANALYSIS (Bearish trend)

Education
OANDA:USDJPY   U.S. Dollar / Japanese Yen
price has been in bearish run making lower highs, and lower lows in form of pullbacks. seeing price now making a retracement can give us an opportunity to short this market once identifying a trend continuation off our fibonnacci levels and take profit at the lows where buying demand is identified, leaving stop loss right above previous structure high and manage to be apart of the trend. if by any means the price forms anything out side your plans get out. -self
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