BenWright21
Short

Possible USD/JPY short position !!

FX:USDJPY   U.S. Dollar / Japanese Yen
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe - 1-2 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @current 108.7 - .... and fall to the 107.7 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 107.7

FX:USDJPY

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 107.7
Target 2 @ ....

Risk/Reward @ 2.1

Happy trading :)


Follow your Trading plan, remain disciplined and keep learning !!


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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