AmplaFX

USDJPY Short Opportunity, 1:5 and 1:15 available

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Good morning ladies & gents ,

On the D1, H4, H1, M15 chart, the orderflow is bearish . Coupled alongside the equal lows present at "Objective 1" and we've got a super high probability setup taking place.

When price pulls back to this area, I'll be interested in looking for an opportunity short with a stop at the designated area.

Should price trade through this, there's another entry opportunity @ 108.800 with a stop above 108.860 (6 pips)

Let's see what happens.

Always remember to trade what you see, not what you think.

Be rigid in your rules but flexible with your expectations.

Good luck!

- AmplaFX
Trade active: Second pending triggered.
Trade closed: stop reached: Not ready. Stopped out x2. -2%.

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