USDJPY - Short - Third Entry - Position building - 4.5 : 1 ratio

OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hello all

Following my two entries in USD JPY on the 17th and 18th April, I am now entering a third position Short.

It is now starting to cycle lower on the 1hr time frame and therefore, dependant on how it closes in the next 30 minutes, I will be looking to enter again Short.

If this plays out, i will be 12 : 1 Win vs Risk ratio as I have been able to reduce my risk before taking the next entries.

Lets see how it plays out.

Remember patience is key

Thanks for reading

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