usdjpy is setting up for a perfect 2618 trade at market structure givning a great selling oportunity
i have a dovish bias for the dollar against the yen so i would be looking for a push down and even a push into further levels lower.
this would be my setup for this trade.
50 pip stoploss
beautiful. if you know what your doing you rounded your entry up for the closest and best psychological zone to short markets at 190.500. if you know price action well enough to know that was the area to watch then congratulations. trade went 4 pips against us, sl i had placed at 20 pips
btw sl can go to break even now for risk free trading. lets get these 400 pips!! :)