USDJPY Short Trade Idea 📉
🔽 Sell Entry: Only if price consolidates below 150.00
🎯 Target: 149.30
Technical Breakdown:
Resistance: 150.80 rejection
Support: 150.00 (Key level)
Indicators:
Alligator’s Lips crossing Jawline → Trend shift signal
MACD crossing below 0 → Bearish momentum confirmation
Trade Execution Plan:
1️⃣ Wait for price to stay below 150.00 (Avoid false breakouts)
2️⃣ Look for bearish candlestick patterns (e.g., bearish engulfing, breakdown retest)
3️⃣ Stop-Loss: Around 150.30-150.50 (above consolidation)
4️⃣ Risk-Reward: ~1:2 (Good setup)
Would you consider an extended target if momentum strengthens? 🚀