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Mhangwane1

UJ

Short
U.S. Dollar / Japanese Yen (PEPPERSTONE:USDJPY)  
Mhangwane1  
PEPPERSTONE:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Trend Analysis G-CAP ngwanemoney uj USDJPY yen dollar
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chartpattern trendanalysis g-cap ngwanemoney uj usdjpy yen dollar
Third touch and rejection of 151.80 (1st confluence)
Engulfing of the previous candles(2nd confluence)
Impulsive break of previous low (3rd confluence)

I see no reason to hold back.

Trade Idea : Sell Stop (waiting for rejection and continuation)

SL - 151.35
Entry - 151.05
TP - 150.05
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