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4xbullion
Nov 3, 2014 2:34 PM

SELL STOP USDJPY @ 113.65 Short

U.S. Dollar/Japanese YenFXCM

Description

*UPDATE: Trade not triggered*

Everyone is aware of the bullish momentum in this pair. However for the first time in the day we have a bearish divergence appearing which could be a nice shorting opportunity specially with the ISM numbers coming up. So all those willing to play the numbers can put in a sell stop order at 113.65 for targets at 113

Trade Type: Trend Reversal
Price: 113.65
Target: 113
Stop: 113.93
R/R Ratio: 2.3
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