USDJPY Short Idea 4h

U.S. Dollar/Japanese YenFXCM

Description

⋅ Sep 29, 2016 11:13 AM

If USDJPY does not break out of the trend line then it might be good to short back to the demand zone. On the 4H chart there is a nice rejection and bearish candle. If it goes look for a flag or pullback then short

Comment

⋅ Sep 29, 2016 4:56 PM

Going nicely so far. I set a trailing stop loss just incase

USDJPY

Comments

Dinkan

⋅ Oct 13, 2016 10:31 AM

But, it went just oppossite

DebeerF

⋅ Oct 13, 2016 4:59 PM

Yes was not a great trade. I only got about 40 pips then it turned to the upside.