CharlieFx96
Short

BEARISH PATTERN, BE SHORT, BUT CONSERVE WISELY. TS YOUR TP

FX:USDJPY   U.S. Dollar/Japanese Yen
BEARISH PATTERN , BE SHORT, BUT CONSERVE WISELY.

I did not include the MACD Indicator and the RSI (7)
MACD is showing a SELL signal at the blue box peak of the pattern.
RSI is showing Showing HIDDEN DIVERGENCE. Take this into consideration as it plays a key role,
In trend reversal that is! Put these indicators on your charts and you will see!

Have a good one.

CharlieFX
Comment: If you are an aggressive trader, you can move your stop to the green resistance line!

Although for this case, I am conservative.
Trade closed manually: Closed @ 123.032 >> 240pips TP

Another Pattern was spinning up.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out