PAIR: USD/JPY - SHORT
In this chart, we can see the CRAB harmonic pattern printed, it's a bearish reversal chart pattern. At the moment price action is between the PRZ [Potential Reversal Zone], we can also see the bearish divergence printed at the PRZ.
The entry point will be just below the PRZ, and the stop loss will be above the higher high of the PRZ. Take profit according to risk to reward ratio.
Waiting for the breakout to execute the trade as per the given signal below
Account Size: 10400
Risk Percentage: 1 + 1 = Total 2 Percentage
Amount at Risk: 104 USD
Sizing: 0.210 Lots
Amount at Risk: 100 USD
Sizing: 0.210 Lots
Total Amount at Risk: 208 USD
Total Lot Size: 0.420
Entry Point: 133.585
Stop Loss: 134.246
Take Profit 1: 132.924
Take Profit 2: 132.253
The entry point will be just below the PRZ, and the stop loss will be above the higher high of the PRZ. Take profit according to risk to reward ratio.
Waiting for the breakout to execute the trade as per the given signal below
Account Size: 10400
Risk Percentage: 1 + 1 = Total 2 Percentage
Amount at Risk: 104 USD
Sizing: 0.210 Lots
Amount at Risk: 100 USD
Sizing: 0.210 Lots
Total Amount at Risk: 208 USD
Total Lot Size: 0.420
Entry Point: 133.585
Stop Loss: 134.246
Take Profit 1: 132.924
Take Profit 2: 132.253
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