U.S. Dollar / Japanese Yen
Updated

USDJPY_Short_20180821_1

160
- Reason to take trade
1. Daily and 4H down trend
2. 1H forming Lower high and lower low (more than two)
3. Price action confirmed on 1H chart ( Bearish engulfing and Pin bar)
4. Risk to reward ratio ~ 2.5

EP: 110.40
SL: 110.60
TP: 109.85
Note
Stopped out, Price hit the SL!!!
Trade closed: stop reached

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