USDJPY H4 | Bearish reversalBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at 150.77, which is a multi-swing high resistance.
Our take profit will be at 149.43, an overlap support level.
The stop loss will be placed at151.62, above the 100% Fibo projection
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
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