USD / JPY sell idea on H1.
Price broke out of the ascending channel after a divergence was formed.
Price also starting making Lower Lows & Lower Highs.
We will wait for the price to retrace back to the 0.5 - 0.618 Fib retracement to take the entry.
Stop loss above the last high formed
Price broke out of the ascending channel after a divergence was formed.
Price also starting making Lower Lows & Lower Highs.
We will wait for the price to retrace back to the 0.5 - 0.618 Fib retracement to take the entry.
Stop loss above the last high formed
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.