david.cummins.581

Consecutive lower highs doesn't look strong.

Короткая
FX:USDJPY   Доллар США / Японская иена
This pair over the past year or so has had a major bull rally but we have seen this start to slow down. It has made 3 lower highs in a row and this to me looks quite bearish. Plus we have some candle conformation with those 3 highs all looking like shooting stars or not far off them. So i would place my stop somewhere a little above this trend line i have drawn and my price targets are somewhere around the 118.311 major resistance level. This trade has great R&R and there are a lot of pips to be made.
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