USDJPY - Potential selling opportunity

12 мая 2020 г.

Hi Traders,

Please share & like my post if you like my trading ideas

Please note proper risk management needs to be applied and this is my personal opinion of the market

1. Price has formed a downtrend structure on the daily time frame
2. The major trend is bearish
3. Price has reached a resistance area
4. Price has stalled and formed indecision on the lower time frames like the 1H, 4H, 6H, 8H & 12H

You don't need to be a hero to trade just simple approach and a strategy that is simple and easy to follow