USDJPY - Short-Term Sell Setups?
Hi Traders. I've not uploaded any setups breakdown today as I do not see much opportunities around, some of them actually did not go according to my daily plan.
The setup I discussed in this video is more of a short-term trade, not really looking for a complete reversal as we'll need a lot more confirmations.
But, price is now forming lower highs & lower lows formation on the lower timeframe.
138 level now turned into a short-term resistance, so if price pullbacks to the area it could be a great value zone to activate your quick sell setups.
But if at any point price shows more strength breaking above 138, then the setup is invalidated.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
The setup I discussed in this video is more of a short-term trade, not really looking for a complete reversal as we'll need a lot more confirmations.
But, price is now forming lower highs & lower lows formation on the lower timeframe.
138 level now turned into a short-term resistance, so if price pullbacks to the area it could be a great value zone to activate your quick sell setups.
But if at any point price shows more strength breaking above 138, then the setup is invalidated.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
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