USDJPY Sell trade idea 25 05 2021

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#OPINIONLEADER# #Signal#

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: -


USDJPY Sell trade idea 25 05 2021



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