USDJPY REVERSAL TRADE
Pair: USDJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, double top
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Key Takeaway: Price has been consolidating around this level of resistance for some time and seems to be breaking it bearish. we have seen a double top form indicating reversal and have also been using high volume level as strong resistance which cannot be broke
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Level needed: need a close by 144.595
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Trade: short
RISK:REWARD 1:4
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, double top
—————
Key Takeaway: Price has been consolidating around this level of resistance for some time and seems to be breaking it bearish. we have seen a double top form indicating reversal and have also been using high volume level as strong resistance which cannot be broke
—————
Level needed: need a close by 144.595
—————
Trade: short
RISK:REWARD 1:4
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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