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AlexxChan
18. Jul. 2016 12:22

USDJPY Bearish Divergence Short

U.S. Dollar/Japanese YenFXCM

Beschreibung

USDJPY is showing some bearish divergence. With prices hovering around the 76.40% region and prices losing steam to break higher. I expect prices to head down to around the 61.8% region.

Kommentar

Prices are hovering right at the support region. Let's continue to monitor it

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Prices still ranging at the the resistance region

Trade geschlossen: Stop wurde erreicht

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I know a lot of people got stopped out of UJ. Could it be a bank push? possibly. Let's continue to monitor this interesting pair and learn from past mistakes.

Kommentare
SunRiseZoneFX
den_
thanks for sharing your ideas!
AlexxChan
No Problem, anytime!
Nshan
dear Alex. in my opinion your SL should be at least at 107 . my selling position would be at 106.62 with 61.8 fibo and h4 strong resistance.
Nshan
sorry , daily strong resistance!
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