U.S. Dollar / Japanese Yen
Short
Updated

USDJPY - Bearish Shark type 2 entry

746
Hey guys, I am about to execute a short on USDJPY.

Pattern identification

Bearish shark at 113.90

Trade Execution

1. I see a bearish divergence on the RSI.
2. A secondary test at the PRZ (XC 113 + BC 2)

SL will be at 114.30

TP will be at 112.85

This trade will be invalidated when it hits our SL at 114.30.
Trade closed: stop reached
This pair went higher and hit my SL at 114.30. Stopped out with -40pips.

On to the next trade.

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