USDJPY Swing Trade setup off of 4hr resistance level
After seeing heavy bearish price action around the 110.447 area this intraday swing trading opportunity has some potential to be a profitable winner.
By seeing some authoritative bearish rejection candles, this idea was too good to let go. Profit targets are subjective but you could look to hold this trade for a while depending on how quick the move is. Stop losses should be higher that the 110.447 level and can be adjusted to lock in some profit if the trade moves in your favour. If you took this trade or had a similar trade, good luck :)
By seeing some authoritative bearish rejection candles, this idea was too good to let go. Profit targets are subjective but you could look to hold this trade for a while depending on how quick the move is. Stop losses should be higher that the 110.447 level and can be adjusted to lock in some profit if the trade moves in your favour. If you took this trade or had a similar trade, good luck :)