Weekly Structure - Uptrend
Daily Structure - Uptrend
USD-JPY have climbed creating a double top and rejected the 111.500 level several times. We may see price moving lower until 109.300. We also have a RSI divergence (downtrend).
TP1 - 110.000
TP2 - 109.300
SL - 111.666
Risk Reward - 2.6
Good Luck!!!
Daily Structure - Uptrend
USD-JPY have climbed creating a double top and rejected the 111.500 level several times. We may see price moving lower until 109.300. We also have a RSI divergence (downtrend).
TP1 - 110.000
TP2 - 109.300
SL - 111.666
Risk Reward - 2.6
Good Luck!!!
Note
You can move stop loss to break even.Note
Trade Closed at break even.
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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.
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.