Swing Trading Trade Plan - USDJPY Short

Hi all,

This is a simple trade plan to identify bull impulse failure. The same can be applied on bears as well.

1) Price made significant move upside
2) Retracement made higher high
3) Price breaks fresh low after higher high (turned highest high)
4) Place sell limit on previous swing high point

Please leave a like or comment if you like to see more of such trade plan.

Regards,
Pcube

Trade active

Trade active:

TP1 hit

Trade closed: stop reached