forex_bakery

Bearish USDJPY @ Key Resistance Short Opportunity Dropping More!

Short
FOREXCOM:USDJPY   Dollaro / Yen giapponese
The USDJPY bears have returned! With a confluence of technical indicators, including a lower low (LL) and lower high (LH) on the candlestick chart, a Hanging Man pattern, bearish divergence on the RSI, and a rejection of the 0.382 Fibonacci retracement level, the pair is displaying strong bearish signals at key resistance level of 127.859. With entry at 127.859, stop loss at 127.965, and take profit targets of 127.149 and 126.611 (if 127.149 breaks), this is an ideal setup for short positions . Don't pass up this chance to make money off the possible negative swing. Comment with your ideas and join the conversation! Forex Trading View #USDJPY

Short Entry: 127.859
SL: 127.965
TP1 127.149

TP2 if 127.149 breaks is fib level 1.618 i.e 126.611

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.