USDJPY H4 Short
USDJPY - H4
Limit Sell 111.650
Stop Loss 111.900 (25pips)
Take Profit 111.000 (165pips)
R:R 6.6
USDJPY has show exhaustion after a final push up due to positive USD news. We have reached the 78.6 zone are into the trade as price has hit the Limit Sell. RSI 7 & Stock (5,3,3) both confirm the pair is at its overbought zone and in need of a new leg down.
Stop Loss is placed above the 88.6 to avoid stop hunts.The Take Profit is placed at 110.000, a strong psychological number for a moderate 165pips.
Best Of Luck,
Centurion Forex
Limit Sell 111.650
Stop Loss 111.900 (25pips)
Take Profit 111.000 (165pips)
R:R 6.6
USDJPY has show exhaustion after a final push up due to positive USD news. We have reached the 78.6 zone are into the trade as price has hit the Limit Sell. RSI 7 & Stock (5,3,3) both confirm the pair is at its overbought zone and in need of a new leg down.
Stop Loss is placed above the 88.6 to avoid stop hunts.The Take Profit is placed at 110.000, a strong psychological number for a moderate 165pips.
Best Of Luck,
Centurion Forex
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.