USDJPY,H4 Chart Discussion
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.
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.
