hpis44
Short

USDJPY 240min channel resistance, triple top, bearish divergence

FX:USDJPY   U.S. Dollar/Japanese Yen
USDJPY             H4 chart delivers a strong selling signal and a fair risk to reward ratio. Target 1 and 2 are Fibonacci retracements (38.2% and 50%) of 22-May 120.63 low and 05-June 125.80 high.
hpis44
2 years ago
After 1st target is hit, stop loss of 2nd part of the trade is lowered to breakeven !
Reply
hpis44
2 years ago
2nd target hit exactly as expected !
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out