Hey, I love how UJ follows its technicals really well. 1:2.64 RR on this trade. Shorting USDJPY here's why: 1) Resistance Line 2) H&S Pattern 3) Fib 78.6 4) RSI Overbought Will keep an eye on this trade.
Hey Guys, EU looking good for a short. Price Action + Fundamentals. Confirmations: Double Top On 1HR Major Downtrend Bias Fib 78.6 RST Line 4HR LH RSI HIGH ON 2HR
too lazy to write the analysis. check out this link with the video. www.loom.com
RST LINE & TRENDLINE RESPECTED - WAIT FOR CANDLE CLOSE THEN ENTRY 1.34000 IS MY ENTRY IF IT COMES CLOSE; NOT PUSHING PAST THE 1.33362 AREA. DOUBLETOP WAIT FOR 1HR CLOSE RSI OVERBOUGHT 4HR AND 1 HR CONSOLIDATING AND RESPECTS TECHNICALS PRETTY WELL