Get started
saifullah555

USDJPY Short opportunity

Short
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
saifullah555  
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns usdjpyshort
2
0
trendanalysis chartpattern usdjpyshort
USDJPY Reaching to its resistance Zone, which is tested 3 times in past.
we may see rejection form the resistance zone (115.450-115.550)
Wait for the confirmation (one red candle on 4 hours chart)
price is making higher High but RSI is showing Divergence.

Entry: 115.400-115.500 (on price rejection)
TP1 115
TP2 114.500
SL 115.600
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.