#usdjpy
USD/JPY H1 Sell 133.20
SL 134.48
TP 131.00 In mid-July, there was a false breakdown of the bearish angle (highlighted in red on the chart).
Unfortunately, I fell for this sham and therefore missed the short, which I had been waiting for several months.
However, this is trading, it happens here :)
At the moment, a correction to the fall is developing. Prioritize by probability for another test of the red corner to form a double top.
I also want to add that August is rarely accompanied by high volatility in the markets, as many traders and investors are on vacation. But anything can happen, especially when the latest fundamental processes in the world are full of aggravation [Taiwan, Kosovo, N. Karabakh].
You need to be prepared for this, which means you need to calculate the risks.
USD/JPY H1 Sell 133.20
SL 134.48
TP 131.00 In mid-July, there was a false breakdown of the bearish angle (highlighted in red on the chart).
Unfortunately, I fell for this sham and therefore missed the short, which I had been waiting for several months.
However, this is trading, it happens here :)
At the moment, a correction to the fall is developing. Prioritize by probability for another test of the red corner to form a double top.
I also want to add that August is rarely accompanied by high volatility in the markets, as many traders and investors are on vacation. But anything can happen, especially when the latest fundamental processes in the world are full of aggravation [Taiwan, Kosovo, N. Karabakh].
You need to be prepared for this, which means you need to calculate the risks.