USDJPY SHORT
What do we see for UJ?
obviously what goes up must come down and right now i see a potential bearish correction on higher time frames
followed by:
bos ( break of structure )
botl ( break of trend line )
lower high and lower lows ( 1h & 4h )
bearish engulfing followed by bullish exhaustion
How will i take this trade? :
wait for a bullish correction on the 1h time frame followed by price action or conformation candle based on 1h
obviously what goes up must come down and right now i see a potential bearish correction on higher time frames
followed by:
bos ( break of structure )
botl ( break of trend line )
lower high and lower lows ( 1h & 4h )
bearish engulfing followed by bullish exhaustion
How will i take this trade? :
wait for a bullish correction on the 1h time frame followed by price action or conformation candle based on 1h
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