A bearish butterfly has completed on USDJPY.
I will wait for the RSI to come out of the extreme and then look for other signs. If the RSI does not soon come out of the extreme, I will not take the trade.
I will wait for the RSI to come out of the extreme and then look for other signs. If the RSI does not soon come out of the extreme, I will not take the trade.
Trade active
RSI is out of the extremeOrder cancelled
RSI never closed below 70Trade active
RSI closed below 70Profit targets and stop-loss are on this chart.
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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.