selling USDJPY
Hello traders lets jump into it
Supply D1:
We have a nice supply on D1 that gave us a very wonderful move, this is the base of our trade.
Momentum on 4H:
what we have here are steeper and steeper pullbacks (Note that line 1,2 & 3 are parallel), you can clearly see that the trend is losing momentum and I want to take adv of that. We also have a Lower High with indicates that this might be a reversal.
This is what I'm dealing with I hope you take advantage of this.
Supply D1:
We have a nice supply on D1 that gave us a very wonderful move, this is the base of our trade.
Momentum on 4H:
what we have here are steeper and steeper pullbacks (Note that line 1,2 & 3 are parallel), you can clearly see that the trend is losing momentum and I want to take adv of that. We also have a Lower High with indicates that this might be a reversal.
This is what I'm dealing with I hope you take advantage of this.
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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.