USD/JPY - near strong sell area - risk/reward ratio
market price is in strong up movement since long shakeout this Wednesday. We expect that the market will make a long fakeout to drawn area.
Expect down movement to at least 38,2 fibonacci retracement level.
-RSI and MACD indicates both incoming correction movement.
When to open short exactly, stop loss and take profit levels will be published in our VIP group. Don´t hesitate to contact us for further information.
Feel free to leave a comment and don´t forget to like and share if you have the same opinion.
Expect down movement to at least 38,2 fibonacci retracement level.
-RSI and MACD indicates both incoming correction movement.
When to open short exactly, stop loss and take profit levels will be published in our VIP group. Don´t hesitate to contact us for further information.
Feel free to leave a comment and don´t forget to like and share if you have the same opinion.
Trade active
Order cancelled:
trailing stop reached at entry. market hasnt shown any sell signal - 4 hour candle straight trough the resistance area turned the market more bullish
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
