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U.S. Dollar / Japanese Yen
Short

USDJPY daily timeframe short -- RSI divergence

By OTBForex
Updated
USDJPY -- on the longer timeframe quite good probability and risk/reward.

Entry price -- 107.95

TP1 -- 106
TP2 -- 104.90

SL 1 -- 108.65
SL 2 -- 109.10
Trade active
stop loss did not trigger.
proceeding nicely now that US ISM came in very low in contraction.
Trade active
excellent acceleration. All good. Must fight thru the Ichimoku cloud now to arrive at TP1.
Trade active
SL1 reached. Loss of 70 pips.

half position still active.
looking for 200 day MA to protect that half of position.
Chart PatternsTechnical Indicators
OTBForex
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