JD_FX

Entry Short Order on Daily USD/JPY

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
- Price is riding under 200day SMA
- Downtrend confirmed by the price trading under the Ichimoku cloud
- I have smoothed the candle price action with heikin ashi and it looks possible for a further short
- Stochastic is overbought on the daily
Trade closed: stop reached

Comments

Down trend exhausted buy the reversal
Reply
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