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lp4scal
Jun 29, 2017 6:49 PM

USDJPY downchannel short entry. Short

FX:USDJPY1D
U.S. Dollar/Japanese YenFXCM

Description

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Wait for daily close then it provides a nice entry to short usdjpy
Comments
lp4scal
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Well ill wait for a close with more bearish implications than this one it seem to be high wave candle now so wait
lp4scal
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also fib 61% level

nice pinbar: 2 entries first one - market order when daily closes
second - sell limit at 50 % retrace of pinbar

stop loss above the high of pinbar
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