abubakarmansoor

USD/JPY (Bearish Bias)

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Short Call! USDJPY

Hello Traders!

BEARISH BIAS:
Dow Theory (LHs & LLs)
Trendline Resistance
Bearish Engulfing
Fibonacci Retracement (61.8)

Risk Reward:
You can close half of the lot after Target 1 is achieved and move SL to breakeven and wait for Target 2.

Best of Luck!
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