- Monthly resistance ( look in your monthly chart ) - Weekly trend's ( red ) - 23.6 fib retracement based on 365 days min/max - RSI overbought ( will be ) - A lot of other resistance in this zone
ep 114.10
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USD/JPY is overbought in each time frame from D1 to M5 . Look for a reversal sign and/or trendbreak before entry .
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TP1 HIT ! +25 pips Breakeven for other targets . Better be safe for the week end.
Trade closed manually
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Breakeven hit
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If you did not breakeven :
All Targets hit
+100 pips boom
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Another 60 pips why not ;)
Trade closed: target reached
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Im closing my last short position now because of 61.8% fib lvl bounce :