USDJPY
The USDJPY exchange rate reacted negatively to the resistance area with the appearance of a bearish Pinbar reversal base.
Perhaps the negative divergence reaction of RSI may have ended.
We can execute a Sell order with stop loss and take profit based on support, resistance and Fibonacci retracement levels.
Sell USDJPY at current price (143.9)
Stop loss at 145
Take profit 1 at 143
Take profit 2 at 142.5
Note: Capital management 2%
Perhaps the negative divergence reaction of RSI may have ended.
We can execute a Sell order with stop loss and take profit based on support, resistance and Fibonacci retracement levels.
Sell USDJPY at current price (143.9)
Stop loss at 145
Take profit 1 at 143
Take profit 2 at 142.5
Note: Capital management 2%
Trade closed: target reached:
TP 1 get. Raise your stop loss to positive and make sure you don't lose capital!
Comment:
Get TP2