USDJPY Short on divergence, resistance, TCT

USDJPY is entering an area where I believe there is a strong potential for a bearish move.

0.618 retracement
Divergence on 4hr MACD and RSI
Resistance from top of channel

Waiting for another small up move, may enter short upon downward breakout of minor trend line.

Trade ist aktiv:

Entry: 106.68
S/L: 107.60
TP1: 104.62
TP2: 102.85

Trade geschlossen: Ziel wurde erreicht:

Both targets achieved. Sweet trade