U.S. Dollar / Japanese Yen
Short
Updated

USDJPY Trading Plan

snapshot

my favorite potential selling setup on USDJPY.
on focus 105.6 minor structure support.
IF bears break and close below it,
we can short the pair.

Stop - 106.1

T1 - 105.25
T2 - 104.9

IF market closes above the resistance, setup will be invalid
Note
Market still respects support
Be patient and wait
Note
Test of resistance
Order cancelled

Disclaimer