One More Leg Down For USJPY

One More Leg Down For USJPY

USD/JPY OANDA:USDJPY



A bearish pin bar formed in a down trend and of a level of resistance. Still most retail traders are long.
I will try to short this pair on the retrace and then hopefully trade it all the way down to the next level of support.
Date Pair Direction Trade Trend Level Signal Entry
2019-05-30 USDJPY Short With trend Down Horizontal Resistance Pin Bar retrace