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samirtoro
Nov 27, 2017 12:07 AM

USDJPY DROP Short

U.S. Dollar/Japanese YenFXCM

Description

The bias of the bearish momentum is now back in motion. I have plotted all you need to know on the chart. head and shoulders. broken through a previous support region.

I recommend you [b]hawk the 4 hour chart and wait for a strong reversal candle once the price action reaches the baby blue ray i have plotted as that is what i will be doing.

  • Don't let greed consume you.
  • Make sure to trail stop and change it often reasonably.
  • Watch out for any trend reversals, fib retracements etc.
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