by Francisco javier P, February 7, 2022
by Francisco javier Pacios February 7, 2022
USD/JPY
|
Short
|
H1
H1
Technical / Fundamental
USDJPY in a bigger picture resistance area. Creeping trend in the long side, with also a Divergence in the Awesome Oscilator.
Looking for a strong movement to the up side, followed by a stronger bearish one, preferably with economic news as a catalyst.
Looking for premium liquidity grab into previous days Highs, willing to Sell after a strong rejection confirmation in the purple shaded area.
0.25% with a 1:5 R:R, SL: 30 Pips. TP: 150 pips taking previous week lows.
USD Economic Calendar as a booster (CPI on Thursday 10 February).
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product.
The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.
Get Your Forex Funded Trading Account
LEAVE YOUR COMMENT HERE:
You must be logged in to post a comment.