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USDJPY sell off

by Saqib I, May 18, 2022

USD/JPY H4 volume/wave

by Saqib Iqbal May 18, 2022

5
Share

USD/JPY

|

Short

|

H4

Timeframe:

H4

Analysis Method:

volume/wave

Analysis:

The pair has broken out of range. Wait for 4-hour bar to close and retest the broken level with low volume. Good to sell on strength.

Trade Plan:

sell on strength

Risk Management:

1%

Things To Watch For:

128.60 and 200-SMA

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