USDJPY - Short Setup in 93.20 - 93.50 zone
After the trendline and 100sma H1 break on Friday, USDJPY found support on 1H 200sma.
Shorting a re-test of 100sma, and playing a trendline kissback failure.
Target is a measured move from Wednesday High to Friday's low, with trigger below Friday's low.
93.20-93.50 zone is an early entry, and this short could be also played wih on a break of Friday's low as an 1-2-3 pattern.
Now it's time for the sitting.
Shorting a re-test of 100sma, and playing a trendline kissback failure.
Target is a measured move from Wednesday High to Friday's low, with trigger below Friday's low.
93.20-93.50 zone is an early entry, and this short could be also played wih on a break of Friday's low as an 1-2-3 pattern.
Now it's time for the sitting.
Trading success is not going to be entering winning trades, but how you exit your losing trades.