Sell setup in USDJPY for some quick pips.
Updated
It is actually a day trade. I may get more pips here but I am not targeting big. 20-30 pips for me will be enough. The lopgic behind this trade is just support and resistance. There is a spining top formed after strong green candles showing that the buyers are not in a mood to keep the market going up. And the spinning top is formed at the resistance zone which is a plus point. RSI and STOCH are both oversold.
FOLLOW AT YOUR OWN RISK!
FOLLOW AT YOUR OWN RISK!
Trade closed: stop reached
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