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Short USDJPY

by Roshun B, April 1, 2021

USD/JPY H4 Price Action

by Roshun April 1, 2021

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USD/JPY

|

Short

|

H4

Timeframe:

H4

Analysis Method:

Price Action

Analysis:

Price has consolidated(potentially forming a tight range. My idea is price has been over extended past several days, expecting a reversal.

Trade Plan:

Expectation for consolidation break downward

Risk Management:

Trail SL

Things To Watch For:

Sudden strong rally. Trade idea is off

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