U.S. Dollar / Japanese Yen
Short
Updated

USDJPY - 1HR - Bearish Pattern confluence

87
USDJPY - 1HR - Bearish Pattern confluence

Bat and Deep Dish Crab (hmm yah)
Looking to short at 115.3-5
Maybe we see it today, maybe we dont.
Small DIV already, I am waiting for a higher price
115.5 is 50% retrace of New years high
Note
We have a TBAR
We hit and retraced of 115.3
We are still overbought and in strong uptrend.
no DIV, so I wait for a signal for entry
snapshot
Note
Are we going to see our setup?
snapshot
RSI will be key
Note
we got the signal, hope someone picked it up, no more info from me, trade is complete
snapshot
Trade closed: target reached
All targets reached - perfect trade with almost 0 drawdown.

snapshot

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.