USD/JPY Possible Short Setup One on the H4 Four Hour Chart
USD/JPY Possible Short Setup One on the H4 Four Hour Chart
The daily chart is sideways but it does have some momentum downwards previously
The dollar index is overall downtrend but taking a pause right now. Lets see if this is a potential short setup.
The daily chart is sideways but it does have some momentum downwards previously
The dollar index is overall downtrend but taking a pause right now. Lets see if this is a potential short setup.
Trade closed: stop reached:
BreakEven Exit. Price was not moving strognly down but did go 1R in our favour. That's where I move my Stop Loss to Entry Level.
This created a breakeven Trade. not bad at all.
This created a breakeven Trade. not bad at all.
