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Pair : USDJPY
Timeframe : Daily
Broker : FxCitizen
Trend : Uptrend
Analysis :
- Trend still remain uptrend but price already reached resistance level.
- Price enter overbought level and seller will push price down.
- Price also touched daily upper trendline and reject it.
- Find chance to short ( sell ) if there a confirmation at H1 or H4 timeframe.
Trade Idea :
Signal | Stop Loss | Take Profit 1 | Take Profit 2 | |
Sell | 113.45 | 112.20 | 111.40 | |
*Disclaimer
Before follow this analysis , please make your own analysis and compare with this analysis. Make sure you already have trading plan and money management calculation before enter position. Always consider how much risk and reward according your invested capital. We not responsible for any loss and damage. Trade at your own risk.
