A large bearish engulfing has appeared at the touch of a downwards trendline on the usdjpy pair. This is an opportunity to short the pair. Follow trading plan for bearish engulfings i.e enter some belows below the low by placing pending order and sl at some pips above the high. TP according to how you want it. Good opportunity. This is the second time I am shorting this pair. The last time was some pips profit.
Not
Pending order has not triggered by this time. So, because of NFP I closed the pending order. I don't trade NFP. I ignore news in my trading except NFP.
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