FX:USDJPY   U.S. Dollar / Japanese Yen
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Currently watching price action here.

Price action is still contained within the blue highlighted bearish bar. Price could break in either direction, and once a break is confirmed I would enter at the either of the green lines, with the opposing green line being the stop loss. (depending on the break)

This isn't really an A trade, but just an idea I am currently looking at and testing in a demo account.

UPDATE: Price has broken past the high of the bearish candle. I'm in the trade with a stop at 78.578 and first target at 79.20

Comments

Agreed.
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