USDJPY - Bearish Shark

A bearish shark pattern is about to happen on USDJPY as well. Sometimes these happen to the Yen pairs, 1 after another and it is really your trading rules to decide if you cherry-pick them or you engage them anyway.

What's the difference between these 2 Shark Pattern setup is that this is a counter-trend setup.

Traders who have the in-born mindset of how high can it go or buy low and sell high would prefer the USDJPY Shark Pattern setup.

Which is your favourite?
Let me know in the comment segment below.

Trade stängt manuellt:

Trade Engaged at 110.13
SLE: 110.12(+1)(Stop-Loss at Entry, Risk-Free Trade Attained)
TP1: 109.78(+35)1.4:1{Target Attained}
Manual Exit Target2: 108.85(+28)May perform reversal trade, to be confirmed​