Skip to main content

USDJPY..Short trade idea

USDJPY Short Trade Idea 📉

🔽 Sell Entry: Only if price consolidates below 150.00
🎯 Target: 149.30

Technical Breakdown:

Resistance: 150.80 rejection

Support: 150.00 (Key level)

Indicators:

Alligator’s Lips crossing Jawline → Trend shift signal

MACD crossing below 0 → Bearish momentum confirmation

Trade Execution Plan:

1️⃣ Wait for price to stay below 150.00 (Avoid false breakouts)
2️⃣ Look for bearish candlestick patterns (e.g., bearish engulfing, breakdown retest)
3️⃣ Stop-Loss: Around 150.30-150.50 (above consolidation)
4️⃣ Risk-Reward: ~1:2 (Good setup)

Would you consider an extended target if momentum strengthens? 🚀


http://dlvr.it/TJHjtf

Popular Posts

NIFTY IT: TRUMP H-1B VISA Impeccted IT Counters.

LTCUSDT which way?