SmartTradingFX
Short

Replica of my GBPUSD idea lining up on USDJPY?

FX:USDJPY   U.S. Dollar/Japanese Yen
473 10 11


Analysis on chart!

Price back up to test previous strong resistance for the fourth time, Two fib extensions, Overbought on both 1H and 4H charts...

Potential move back down to around the 123.00 even handle which offers a 3:1 Risk Reward...

At time of posting this there seems to be some rejection maybe signaling selling pressure from here...

Any likes, shares and or constructive feedback is welcome as always! Everyones support has been outstanding recently and is very much appreciated.
First target hit :)
Reply
Thank you! I also make sell stop. Good luck us)
+1 Reply
Good luck
Reply
Marvin SmartTradingFX
And just like yesterday;
USDJPY alternative bearish Bat
+1 Reply
Marvin Marvin
Regarding putting the chart here, you have to insert the link to the chart via the chart symbol to the right. Don't know if you tried that. Great set-up. I got stopped out. Waitng for another entry now.
+1 Reply
Thanks mate! I havnt tried it yet but i certainly will be! My inital idea, the chart is too far up it was posted incorrectly and i cant move it down at the moment! Annoying as i like my charts presentable and spot on!
Reply
Marvin SmartTradingFX
You're better than me, but that's not hard :)
Reply
Keep at it! Continue to learn and improve! A stop out isnt a loss, Its a learning opportunity! Thats how i look at it! If you make 5 personal errors a week/month, Then the following week/month make it 4... :)
Reply
Marvin SmartTradingFX
Good advice. All the best mate.
+1 Reply
You will just have to drag the chart down to see analysis as its been posted incorrectly! Thank you
Reply
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