TobyT

USDJPY - Pullback before short?

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
- False break of resistance + bullish candle
- RSI Oversold
- 50% retracement lines up with 111.00 even handle

Could see pullback to this level, before further losses. Will only enter short if given signal candle on Daily chart.

My thoughts only :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.