USDJPY Sell setup
Daily TimeFrame we can se a RSI divergence, this indicates a shor possibility.
4H reverse candle.
15M we can see a CHOCH.
After those indicators - we can observe a FVG on 15m which corelates with 0.618 Fib ret.
From that area a short possition should be active. SL after Day High, target daily Lows.
Wait for candles confirmation in that area.
Around 50 pips trade.
R:R - 1/2.5
4H reverse candle.
15M we can see a CHOCH.
After those indicators - we can observe a FVG on 15m which corelates with 0.618 Fib ret.
From that area a short possition should be active. SL after Day High, target daily Lows.
Wait for candles confirmation in that area.
Around 50 pips trade.
R:R - 1/2.5
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.
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.