USDJPY SHORT IDEA
UJ is setting up nice, it has been in a clear downtrend for the past few days and is making lower lows. It violated a support (floor) and is now coming back up to retest that support as a resistance. Easy and Simple no need to complicate it. 2:1 Risk to Reward ratio use proper Risk Management boys. Quick 60 pips on H1. It is showing signs go selling pressure with wicks// do not enter until we have more confirmations such as candlestick patterns/ momentum trend line breaks or Jesus Christ himself says sell.
Penafian
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