USDJPY,H4 Chart Discussion

xtreme28
xtreme28 Nov 01 at 07:47
Oh no :(
QuickSpark
QuickSpark Oct 10 at 01:31
USD/JPY Trade Setup:

Price has touched a strong resistance level, and there's a clear bearish RSI divergence indicating potential reversal. I'm placing a sell stop order at 147.33 with a target of 1:2 risk/reward ratio.

Stop Loss: 149.801
Take Profit: Based on the 1:2 RR ratio.
Remember to manage your risk carefully, and avoid over-leveraging.