USDJPY Sell
The USDJPY is trending up on the daily time-frame and on the 4hr time frame. However on the 1hr time-frame its a downtrend, a retracement of the 4hr uptrend.
I being a trend trader, I wait for the formation of 1hr bearish candlestick formation to enter in on a short position provided the previous resistance on the 1hr time-frame is not broken.
I being a trend trader, I wait for the formation of 1hr bearish candlestick formation to enter in on a short position provided the previous resistance on the 1hr time-frame is not broken.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.