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MEX_Exchange
13 Th12 2017 02:34

USDJPY approaching major resistance, prepare to sell Giá xuống

U.S. Dollar/Japanese YenFXCM

Mô tả

Sell below 113.91. Stop loss at 114.41. Take profit at 113.12.
Reason for the trading strategy (technically):
Price is approaching major resistance at 113.91 (Fibonacci retracement, Fibonacci extension, swing high resistance) and we expect to see a strong reaction off that level to push price down to at least 113.12 support (Fibonacci retracement, horizontal overlap support).
Stochastic (34,3,1) is seeing major resistance at 96% where we expect a further drop from.
Bình luận
Justinob
Now we go up
ronaldmok21
That is what i've been waiting for brother!
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