Just another idea, I wont trade this since I don't trade ranges & this could be a possible trend change. But considering the R:R which is 1:3, this is not bad at all.
Reasons to sell
-Yen is strong overall against all other pairs.
-Currently close to the top of the this range
-There is a Bearish CYPHER Pattern, which just completed.
-Look for RSI overbought condition before selling
-Plus a reversal candle signal for extra confirmation
Reasons to sell
-Yen is strong overall against all other pairs.
-Currently close to the top of the this range
-There is a Bearish CYPHER Pattern, which just completed.
-Look for RSI overbought condition before selling
-Plus a reversal candle signal for extra confirmation
Trade chiuso: obiettivo raggiunto