USDJPY sell trade idea 06 09 2021
SELL USDJPY 109.88
SL: 110.18
TP1: 109.68
TP2: 109.48
TP3: 109.28
Signal Analysis by LCMS Traders
Currency Pair: USDJPY
SELL USDJPY 109.88
Timeframe: H1
Step 1 - Previous News: USD: NFP released last Friday indicated strong decline in the number of jobs created, ISM Services PMI continues to expand strongly, JPY: -
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast turning, slow up
- Stochastic: H4 heading up
- PSAR: bullisg
Step 5 - Upcoming News: USD: Bank Holiday today, 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.