erikgtFX

simple forex strategy , effective

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
so for this trade we had bearish market structure with new lows and lower highs, we then saw entering NY we had a area of supply where price had previously sold from , we now also saw a key area and physiological level where we was expecting to see price react off 130.000 zone , we had also a 50% retracement from the swing highs the the pull back into our area .

For this trade we didn't have a sell limit we had market executtion where we waited for price to reject the area and got into the short after the 5 min candle close

message my insta for questions , erikgtFX
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