USDJPY 1h Bear Cypher with Structure

22 Şub 2016

Stops are placed a little higher this time because of second structure which gives the Risk to Reward of 1 : 0.94. But this seems like a good trade because of price running all night to this structure area. But do make sure to take profits at the 38% retracement as there is structure there and if this Bull trend continues this is where it will find support.