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Hello my fellow community members,
Today we have encountered the USDJPY. It looks like a good sell on the Hourly chart. I have placed sell orders below 113.24 for intraday with the stop loss at 113.66 and TP at 112.35. Falling trend line will be a good resistance forcing the price to break below.
USDJPY 1H CHART
Any comments or suggestions about the setup are welcome.
Happy trading to all.
Today we have encountered the USDJPY. It looks like a good sell on the Hourly chart. I have placed sell orders below 113.24 for intraday with the stop loss at 113.66 and TP at 112.35. Falling trend line will be a good resistance forcing the price to break below.
USDJPY 1H CHART
Any comments or suggestions about the setup are welcome.
Happy trading to all.