Sell USDJPY
The price rejected perfectly on a resistance on the Daily and 4H.
It shows us that it all so break the uptrend on multiple timeframes. See striped line.
We are looking for the next support zones.
TP1 is an 4H support which it can respect.
TP2 is a weekly imbalance which it also can respect.
After the price is hitting TP1, I am going to place SL to BE.
SL is placed above this high.
I am going to enter with 0,75% risk. My entry was 106.725
Let's see, and after this trade, we are looking for a longterm buy.
SL - 107.025
TP1 - 106.225
TP2 - 105.75
It shows us that it all so break the uptrend on multiple timeframes. See striped line.
We are looking for the next support zones.
TP1 is an 4H support which it can respect.
TP2 is a weekly imbalance which it also can respect.
After the price is hitting TP1, I am going to place SL to BE.
SL is placed above this high.
I am going to enter with 0,75% risk. My entry was 106.725
Let's see, and after this trade, we are looking for a longterm buy.
SL - 107.025
TP1 - 106.225
TP2 - 105.75
Trading ditutup: stop tercapai
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