Weekly Structure - Uptrend
Daily Structure - Uptrend
USD-JPY have climbed creating a double top and rejected the 111.500 level several times. We may see price moving lower until 109.300. We also have a RSI divergence (downtrend).
TP1 - 110.000
TP2 - 109.300
SL - 111.666
Risk Reward - 2.6
Good Luck!!!
Daily Structure - Uptrend
USD-JPY have climbed creating a double top and rejected the 111.500 level several times. We may see price moving lower until 109.300. We also have a RSI divergence (downtrend).
TP1 - 110.000
TP2 - 109.300
SL - 111.666
Risk Reward - 2.6
Good Luck!!!
Comment:
You can move stop loss to break even.
Comment:
Trade Closed at break even.