Structure Play - Bearish Price Action

12 thg 7, 2022

Trading off price action. Looking for price to bounce of Resistance zone - sellers to come in and push price bearish as we also have buyers taking profit

1st target at 1.5R and move stops to breakeven

Manage trade if it moves bearish to target 2R and 3R

Fundamentally - Yen has been gaining strength as a safe haven across its pairs

Good luck!

12 thg 7, 2022

Bình luận

Trade hit 1st Target at 1.5 risk to reward

Stops moved to BE

13 thg 7, 2022

Bình luận

Price hit 1st target at 1.5R and got stopped out for breakeven on remaining position