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HazHasGone
Jan 12, 2021 9:28 AM

USDJPY SELL Short

U.S. Dollar/Japanese YenFXCM

Description

USDJPY currently bouncing off of the 1d trend line. on the 4h we can see a turning of momentum. placing a trade soon waiting for a good entry point on the 1h graph
Comments
SailorStan
Looks like its grinding up to me?
Jaiii_Pharaoh
I would probably wait for a bearish engulfing on daily twice I've shorted that pair on that resistance level after a signal and got stomped out as price kept going higher higher
HazHasGone
@cleonjreece, Yeah i need to be careful, waiting for some strong downwards movements first before I fully commit to the trade
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