USDJPY: RSI vs Price Action - SELL
Updated
Greetings Traders!
We have negative RSI built up on the trend for the past week. Looking to break the current channel to the downside and SELL with Target 1 at 104.760 and Target 2 at 101.425.
Stop: 106.477
T1: 104.760
T2: 101.425
youtu.be/xQRZfH36sQo
We have negative RSI built up on the trend for the past week. Looking to break the current channel to the downside and SELL with Target 1 at 104.760 and Target 2 at 101.425.
Stop: 106.477
T1: 104.760
T2: 101.425
youtu.be/xQRZfH36sQo
Trade active
Note
First Target HIT!Note
Currently going through a retrancement....retesting resistance at 104.760...
Related publications
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.