Eur/Jpy Sell idea
The idea base on:
1) RSI 70 Level
2) 5M trend line Break down
3) Reversal Triangle Pattern
4) 1H RSI Divergency
1) RSI 70 Level
2) 5M trend line Break down
3) Reversal Triangle Pattern
4) 1H RSI Divergency
Note
I published a little bit late !Risk 0.1% of deposit
SL at the previuos high
TP above the Support level !
1:5 RR
Note
On 5M TF i can that the was created new Lower Low, after impulsive move it can correct, then continue to the TP sideNote
it is retesting to the resistance level 163.687, if it creates some reversal pattern it will be second chance to sellTrade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.