USDJPY on the 1H time-frame
USDJPY on the 1H time-frame.
Steps:
1. The price is moving in the parallel channel of downtrend.
2. Will place SELL order position at the upper channel or resistance zone and TP at the lower channel.
3. Will place BUY order position at the lower channel and stop loss when here.
Steps:
1. The price is moving in the parallel channel of downtrend.
2. Will place SELL order position at the upper channel or resistance zone and TP at the lower channel.
3. Will place BUY order position at the lower channel and stop loss when here.
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