In 4 hours time frame, the price movement actively responses to over sold and over bought signals in RSI and SlowStoch indicators.
The SlowStoch already crossed in a over sold level in 4 hours time frame, but RSI is turned to North and it does not touch over sold level.
It is possible the price will start significant sideway movement for a while.
Try sideway trade, long and short USD/JPY in short term in a sideway channel follow SlowStoch over sold and over bought signals.
The SlowStoch already crossed in a over sold level in 4 hours time frame, but RSI is turned to North and it does not touch over sold level.
It is possible the price will start significant sideway movement for a while.
Try sideway trade, long and short USD/JPY in short term in a sideway channel follow SlowStoch over sold and over bought signals.
Trade closed manually
Close long USD/JPY trade since the original time estimation is not matching current movement
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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.