19-11-2023 _ Short Term Bearish Idea _ USDJPY H4
Updated
Bearish Divergence near weekly resistance line.
Bearish trending structure.
Trendline breakout by a long bearish breakout candle.
No Divergence against.
Entry: Retest of the trendline OR break of the most recent LL
TP: 38.2% Fibo. Retracement of the last bullish leg (Daily)
SL : Above weekly resistance line
Bearish trending structure.
Trendline breakout by a long bearish breakout candle.
No Divergence against.
Entry: Retest of the trendline OR break of the most recent LL
TP: 38.2% Fibo. Retracement of the last bullish leg (Daily)
SL : Above weekly resistance line
Trade active
Close half lot size and move SL to Entry
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