TradingView
MrDons
Dec 1, 2022 1:44 AM

DXY Bearish , USDJPY Trade Ideas Short

U.S. Dollar/Japanese YenFXCM

Description

My way of analysis:
1. Seek direction(Bias) in DXY. I trades mostly MAJOR FX Pairs.
2. DXY Looking strong bearish with strong MARU Candle engulfs previous candles.
3. Classic break and retest strategy. Waiting for retracement, and weakness in bull retracement to enter. Another per-requisite is to wait London & New York Open prior to enter position.
4. Risk Appetite: 2%.

#TAYOR
More