I'm taking a short position on USD/JPY, looking for continuation towards the recent 4-hour swing lows. The pair has shown consistent bearish momentum, and I'm anticipating that this trend will extend further. The entry is positioned to target 1:3, with a focus on the price moving towards the previous (HTF) swing lows.
Trade closed: stop reached
new ideas posted soon, stay tuned!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.