USDJPY Analysis 28/6/19
H4 chart
D1 chart
28/6/19
Daily downtrend, H4 price downtrend.
Current price retrace back to the previous support broken and now act as resistance.
SELL setup continuing with the trend.
RR :1:2 to the nearest previous support.
Trade active
Entered another on trend momentum at H1 TF
Note
Trade H1 close since price didnt break support 107.6 & momentum sell weakening with doji candle at H1, spike bar close at H4 (also uptrend structure)Since H4 not align with H1 trend, being conservative & close with small profit.
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