jrichard

Renko and Three Indicators Screaming Short USD/JPY

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
1. We have a powerful price action move of about 5 pips using Renko to the south.

2. RSI shows a clear divergence that the product is overbought.

3. Resistance level 109.790 was not broken.

4. UMA and 50 MA are about to cross.

5. Short with a 13 pip tp and a 20 pip sl :)

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