USDJPY Sell trade idea 25 05 2021
SELL USDJPY 108.63
SL: 108.93
TP1: 108.43
TP2: 108.23
TP3: 108.03
Signal Analysis by LCMS Traders
Currency Pair: USDJPY
SELL USDJPY 108.63
Timeframe: H1
Step 1 - Previous News: USD: -, JPY: -
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 heading into over sold
- PSAR: bearish
Step 5 - Upcoming News: USD: FOMC Member Evans Speaks 1940hrs, CB Consumer Confidence & New Home Sales data 2000hrs, JPY: -
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.