agnelmoses
Short

SELL THE BREAKOUT - 400 PIPS TRADE

FX:USDJPY   U.S. Dollar/Japanese Yen
96 1 2
SHORT TRADE :

Entry : SELL @ 114.70
Target : 110.70 = 400 pips
Stop : 116.00 = 130 pips
Time : 2-3 DAYS

Risk Level : low
RR ratio : 1:3
Wouldn't it be better to wait for a close of the weekly candle for confirmation? After all it is only the second trading day of the week.
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