USDJPY Good selling oportunity!
Hey guys,
Based on the chart, price is identified in a descending channel and currently it reached to the top side of the mentioned channel.
Also a rejection on 15min candle is happened that can be a confirmation to our scenario.
So Based on this, I can be a valuable area for opening a sale position with reasonable risk/reward ratio (1/6).
I will update the position soon. 😊
Good luck & Have Fun!
Based on the chart, price is identified in a descending channel and currently it reached to the top side of the mentioned channel.
Also a rejection on 15min candle is happened that can be a confirmation to our scenario.
So Based on this, I can be a valuable area for opening a sale position with reasonable risk/reward ratio (1/6).
I will update the position soon. 😊
Good luck & Have Fun!
Trade closed: stop reached
Hey guys,
Price reached our stop loss and I exit this trade. wait for another opportunity ...
Good luck
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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.
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.