USD/JPY sell signal
Chart is clear! We're approaching a tested reversal zone, with bearish EDMA cross-over on the 4h, RSI over 60 and bearish divergence on the stochastic. Even IF this doesn't play out it's a trade to love and take over and over again. A bit stronger dive from the current cross would confirm down move for at least 40-50 pips.
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.