🚨 Trade Alert: USDJPY Bearish Divergence & Rising Wedge Reversal Pattern 🚨
We have identified a bearish setup in USDJPY, characterized by the following:
Bearish Divergence: Formed on the daily timeframe.
Rising Wedge Reversal Pattern: Indicating a potential downtrend.
Entry Point:
Sell Stop: After the recent low
Target Prices (TP):
TP 1: [Specify target price based on technical analysis]
TP 2: [Specify target price based on technical analysis]
Stop Loss (SL):
SL: At the recent high to manage risk
Trade Summary:
Sell Stop: After recent low
TP 1: [Specify target price]
TP 2: [Specify target price]
SL: Recent high
Trade Type: Short Swing 📉
Good Luck! 🍀
Stay informed and trade smart! 📊