From TradingView · · 40s
USDJPY Weekly CLS Model 1 Setup
David Perk shares a short trade strategy for USDJPY using CLS Model 1.
In brief
David Perk shares a short trade strategy for USDJPY using CLS Model 1. David Perk describes a bearish USDJPY trade setup targeting 50% of the CLS range. Originally reported by TradingView.
USDJPY Weekly CLS Model 1
David Perk shares a short trade setup targeting 50% of the CLS range.
Key Level Manipulation Phase
After manipulation to key level below CLS range, confirm switch from manipulation phase using CIOD.
Risk Management Rules
Place proper stop loss, manage risk per trade, avoid emotional trading, protect capital first.
What to remember
David Perk describes a bearish USDJPY trade setup targeting 50% of the CLS range.
