Description
⋅ USDJPY - SHORT ORDER SET UP / STAGE 3/4
SL: 117.20
ENRTY: BEARISH CONFORMATION CANDLE CLOSE (EST: 18:00 GMT)
EXIT: PRICE CLOSES ABOVE MA20
4H trend strategy set up nearing completion, awaiting bearish conformation candle for test of MA20 as new resistance.
RULES: SHORT ORDERS
1. MA20 BELOW MA60
2. PRICE BELOW MA20
3. PRICE TEST MA20 AS RESISTANCE
4. BEARISH CONFORATION CANDLE
ENTRY: CLOSE OF CONFORMATION CANDLE.