TeamRehgal
Short

Yen channel short for 50 pips

FX:USDJPY   U.S. Dollar / Japanese Yen
80 0 1
NOTE: Small lot and limited risk with tight stop loss

The 2nd leg completed at the 1618 of the 1st leg retrace.

Barb wire dojis show a lot of indecision on the 4Hr.
Strong Bearish divergence on the RSI .

Sold at 103.80 where the 20ema has confluence on the 1Hr chart.
Target at 103.19 at bottom of the channel & 38.2% retrace of the 2nd leg.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out