DK_Investment

USD/JPY - near strong sell area - risk/reward ratio

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DK_Investment Uppdaterad   
FX:USDJPY   USA-dollar/Japansk yen
market price is in strong up movement since long shakeout this Wednesday. We expect that the market will make a long fakeout to drawn area.
Expect down movement to at least 38,2 fibonacci retracement level.

-RSI and MACD indicates both incoming correction movement.

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Order avbruten:
trailing stop reached at entry. market hasnt shown any sell signal - 4 hour candle straight trough the resistance area turned the market more bullish

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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