Looking ahead to UsdJpy, Expecting a drop.
What is going on?
1st Divergence, Looking at a possible second divergence
Took sell position @111.487 W/ .04 Lots (key level) because we hit resistance on a trend, Broke thru but hitting R2 resistance.
Approaching reversal zones
Sell limits on 111.956 W/ .04 lots
Sell Limit on 112.524 W/ .08 Lots
No SL
Aiming at 38.2% drawdown to TP
Follow if you like the analysis.
1st Divergence, Looking at a possible second divergence
Took sell position @111.487 W/ .04 Lots (key level) because we hit resistance on a trend, Broke thru but hitting R2 resistance.
Approaching reversal zones
Sell limits on 111.956 W/ .04 lots
Sell Limit on 112.524 W/ .08 Lots
No SL
Aiming at 38.2% drawdown to TP
Follow if you like the analysis.
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