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USDJPY set up to fall to VWAP support SHORT
Dollar A.S. / Yen Jepang
Penjualan
USDJPY set up to fall to VWAP support SHORT
Oleh AwesomeAvani
Ikuti
Ikuti
Diupdate
4 Apr
3
Cheer
Cheer
2
2
3 Apr
USDJPY has been in a narrow range consolidation since a one week trend up from March 14-20.
The dual time RSI indicator shows the faster green RSI line under the stable slower RSI line
showing some bearish divergence. The predictive also's blue line forecasts a slow downturn.
I am taking a short forex trade on USDJPY expecting price to fall into the support of the
mean VWAP at 150.638. This is about a 0.67% move to be leveraged for a modest profit
considering the risk taken. The stop loss is 151.9 just above the higher first upper VWAP line.
3 Apr
Komentar
Zoom in chart
3 Apr
Komentar
Pair is sideways today. Holding full position.Watching for a move lower.
4 Apr
Komentar
Same as yesterday. Holding patiently.
anchoredvwap
dollarweakness
DXY
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USDJPY
Volume
vwapbreakdown
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