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TradingShot
Nov 9, 2020 5:48 PM

USDJPY Is is still SOER? Short

U.S. DOLLAR / JAPANESE YENICE

Description

Pattern: Channel Down on 1D.

Signal: Sell as the rejection pattern on the 1D MA50 (blue trend-line) has been very consistent since July. Also the RSI is hitting the 4 month Resistance.

Target: 102.300 (1.382 Fibonacci extension).


Most recent USDJPY trade:




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Comments
mercykiki171
Hello i like the idea ! Kindly whats the sl and tp
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