Usdpjpy
USDJPY at the end of the triangleMoment of choice for the pair.
There are several reasons why we can expect bearish movement.
- Hidden bearish divergence on RSI
- Bounce of 144 EMA
- Bounce of 61.8 fib
Always wait for price movement and the break of the triangle. Don't move ahead of the price. When we get candle close below the triangle, it is safe to enter.
In case that price breaks up, I am scraping the scenario.
Bull Capital
USDJPY Short movement4HR
After broke and retest the 108.85 key zone
i enter a short swing trade
i belief that we gonna fall down and hit the weekly support level
the next couple days
on the daily chart we can see a MA crossover that gives us a good
conformation for a new trend
My Target is the 106.90
if we can see at that price a lot of buyers pushes the
market up ways
SL 60 Pips
TP 190 Pips
From Entry 108.5