USD/JPY SHORT Opportunity On The 4 Hour Chart
USD/JPY is set up for a good short opportunity. It has broken through and now come back to re-test a major 4-hour resistance zone.
If you look at the 5-minute chart, there was an uptrend that broke right at the end of the week so I will be looking to short when this week opens.
The blue lines below the zone are 3 TP areas.
PLEASE NOTE: I don't usually use a stop loss except to lock in profits so make sure to choose your own stop loss. I typically wait for a 4-hour candle to close beyond my stop loss before I exit. This way I don't have to worry about wicks/being faked out.
LET ME KNOW WHAT YOU GUYS THINK ABOUT USD/JPY IN THE COMMENTS SECTION BELOW!
If you look at the 5-minute chart, there was an uptrend that broke right at the end of the week so I will be looking to short when this week opens.
The blue lines below the zone are 3 TP areas.
PLEASE NOTE: I don't usually use a stop loss except to lock in profits so make sure to choose your own stop loss. I typically wait for a 4-hour candle to close beyond my stop loss before I exit. This way I don't have to worry about wicks/being faked out.
LET ME KNOW WHAT YOU GUYS THINK ABOUT USD/JPY IN THE COMMENTS SECTION BELOW!
הערה
TP 1 Hit. Make sure to lock in profits and set to break even or in profit at this point.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.