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Aleksandar_Rose

Bearish 2618 on USDJPY with 1:3 Risk/Reward Factor

Short
Dollaro / Yen giapponese (FX:USDJPY)  
Aleksandar_Rose  
FX:USDJPY   Dollaro / Yen giapponese
2618 Trade 2616 Support and Resistance structure structure-trade Double Top rsi_overbought
13
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2618tradesetup 2616 supportandresistance structure structure-trade doubletop rsi_overbought
USDJPY gave is a conservative structure trading opportunity - 2618 setup with a little bit more than 1:3 R/R factor.
You can enter right away or waiting for an entry reasons - RSI is in OB condition.
Stops above current NSH(the double top setup), 1st target will be a retest of the structure low(the low formed after the "V" of the double top setup was violated) and 2nd target will be 1.272 fib extension.
Good luck
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