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dadoesploso
Jun 13, 2023 2:52 PM

USDJPY Sell on the 5 minute chart Short

U.S. Dollar/Japanese YenFXCM

Description

This is a 15m view of a 5m setup for a sell: trendline break and retest. SL at 20 points distance, tp at 40 for a 2:1 reward to risk ratio.
The pattern is also a lower high double top

Trade closed: stop reached

I reverted to long as the setup failed and became a lower low double bottom (QM pattern)
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