USDJPY 4H STRATEGY SHORT SETUP (18:00 GMT)

Short

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

usdjpy usd jpy forex trading stocks indices commodities sell movingaverage

Price tested MA20 as resistance again
Conformation Bearish candle (Pinbar) candle has formed indicating buy sell position on close (18:00 GMT)

ENTRY: Close of current 4H candle (14:00-18:00)
SL: Above conformation candle (115.52)
TP: None set as of yet

Comment:

Short position entered
ENTRY: 114.750
SL: 115.52

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