fayezhazzem

Short USDJPY Trend Shift Trade 2

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Unfortunately The trade I published yesterday did not go in our favour and it hit our stop loss.But I think there is another opportunity now to go short for a better R:R.We are picking up momentum and moving away from the resistance level.So I still think USDJPY will go down.I have set my stop loss at the recent swing high and my take profit at a recent support level.We have a couple of confluences like RSI divergence and change of structure.
This is not a financial advice.Always do your own research.
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