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byronman
Nov 5, 2017 9:50 AM

Longer term trade Short

U.S. Dollar/Japanese YenFXCM

Description

Heavy Resistance at Current level. Following STO RSI there is not a lot of room at current for more upside.

114-114.5 will be the level i will be monitoring over the next week, possibly be a good point to enter for a short.

Bearish outlook around, usually a bullish time. Will be monitoring closely

This is just my opinion and not a signal to trade

Comment

If you had gone short at 114.5 like i indicated you would be taking excellent profits right now.

I did not take this trade
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