OldAccount2
Short

USD/JPY SELL SELL SELL !

FX:USDJPY   U.S. Dollar / Japanese Yen
My reason behind this setup is quiet simple and all down to price action

as you can see we have been trapped inside a rang for almsot 63 days and after 6 bullish days in a row it has met strong resistanceand after the daily candle close if it stays bearish i will enter short
(ONLY ON CLOSE OF DAILY CANDLE)
This will be more aggresive entry but if you want to be more conserviative wait for 4hr trend line to be broken then enter short

if price action closes above RES then a complete new setup will be in play

Happy Trading :)
Comment: remember huge news coming out today so if in trade lock in some profits as news could send it towards SL
So smartest thing to do is lock in some profits :)
Comment: re entered after USD news
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