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USDJPY Short opportunity 240 min double top.
U.S. Dollar / Japanese Yen
Short
USDJPY Short opportunity 240 min double top.
By SimonAllin
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Sep 27, 2014
2
Sep 27, 2014
Short opportunity on the 240 min USDJPY.
Double top.
RSI overbought on the Daily chart
RSI divergence
Bearish reversal candle for Fridays close on the 240
1st Target at the 382 fib (108.421)
2nd Target at the 786 fib (107.320) (previous consolidation)
Stops just above recent high at 109.540
roll stops forward to break even at 1st target
Divergence
double
Fibonacci
TOP
SimonAllin
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