Hi traders!
Here we have the USDJPY yet again! This looks to tempting to not try again! That wick that caught us off guard last Friday is now out of the way. A pretty bold MM move happened and now we are witnessing a change of trend across all major pairs. UJ hasn't moved as much as gold did which would indicate a bigger potential for that juicy drop
MACD crossing!! Look at that!
RSI hitting that red line always meant for the 3 last time a drop in PA.
Pretty simple analysis! No need to dig deeper than this!
Here's what I'm thinking:
USDJPY SHORT:
ENTRY : 112.70
SL : 113.418
TP : 110.395
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Here we have the USDJPY yet again! This looks to tempting to not try again! That wick that caught us off guard last Friday is now out of the way. A pretty bold MM move happened and now we are witnessing a change of trend across all major pairs. UJ hasn't moved as much as gold did which would indicate a bigger potential for that juicy drop
MACD crossing!! Look at that!
RSI hitting that red line always meant for the 3 last time a drop in PA.
Pretty simple analysis! No need to dig deeper than this!
Here's what I'm thinking:
USDJPY SHORT:
ENTRY : 112.70
SL : 113.418
TP : 110.395
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Comment:
Price needs to close down under that FIB.
Trade closed: stop reached:
Closed manually around 67 pips in profit!
