USD/JPY SHORT
Hello Traders.
Price has hit my weekly resistance line.
Has created a balance zone.
Price has has been rejecting to break 145.000 zone and made a trap, which is a false breakout.
Expect a move to the downside when New York opens, because price has been closing below 145.00 last week.
Also the Dollar index has shown strentgh lately.
RR: 1:3
SL: 50 pip
TP1: 150 pip
TP2: Trail
FxBeams
Price has hit my weekly resistance line.
Has created a balance zone.
Price has has been rejecting to break 145.000 zone and made a trap, which is a false breakout.
Expect a move to the downside when New York opens, because price has been closing below 145.00 last week.
Also the Dollar index has shown strentgh lately.
RR: 1:3
SL: 50 pip
TP1: 150 pip
TP2: Trail
FxBeams
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.