USDJPY Correction ahead, Divergence on 4H RSI and over bought.
After a long run and break through the 111.64 Resistance level, USDJPY is consolidating on 112 Resistance and forming a reversal on 4H.
It's in highly over bought condition.
It's formed a divergence in 14 RSI.
maybe a stop hunt would be possible as well, so I set up multiple orders all the way to 113.
Short !!!
It's in highly over bought condition.
It's formed a divergence in 14 RSI.
maybe a stop hunt would be possible as well, so I set up multiple orders all the way to 113.
Short !!!