Looking at the resistance usdjpy ready to sell, we looking at 108.00 as tp 1 and 106.00 as tp 2...look for entry on lower time frame and get entry as high as possible to make sure you get every point or pip out of this trade
Looking at few factors doing into the sell o was looking at trendlines, support and resistance, Elliot Wave, Major Key and Fibonacci which if you use it you will see the sweet spot 61.80, take this as it is good spot to sell seeing retail traders waiting on this sell that was much anticipated on usdjpy
Looking at a few factors which i based my analyses on is, trendlines, Elliot wave, major key and Fibonacci 61.8 which is perfect sell entry, much anticipation from all retail traders who was waiting on a sell and I think it's the right time now especially on jpy pairs
eurgbp going up to support line, look for a sell once it reaches that level, everyone was anticipating a sell but if you look at the channel it hasn't reach the level where the trendline is, we looking at a week or more for touch down then we sell...no need to do things complicated keep it simple
