Get started
samwishrn

USD/JPY Short

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
samwishrn  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis
2
0
trendanalysis chartpattern beyondta
HTF BIAS is Bullish, we are starting a contraction from the HTF expansion. This is evident from the HTF BOS to the downside, I have identified a BC which fits my FIB and has IPA in the area. I have set a sell limit at RR 1:5 and a 1% risk at RR 1:37 to meet the Weekly BC/OB.

This fits my trade plan, Thoughts?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.