Here is the USDJPY short on the 4 Hour chart. Price has made a unconfirmed double top, presented a high wave candle, PA has hit a Bollinger Band. You could get your stop above resistance, the bollinger band with a take profit near the 61.8% Fib, before the major support area and near a 55 EMA. 1% Risk 2:1RR - Happy Trading!
Trade closed: target reached
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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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.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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.