Short opportunity on the 240 min USDJPY.
Double top.
RSI overbought on the Daily chart
RSI divergence
Bearish reversal candle for Fridays close on the 240
1st Target at the 382 fib (108.421)
2nd Target at the 786 fib (107.320) (previous consolidation)
Stops just above recent high at 109.540
roll stops forward to break even at 1st target
Double top.
RSI overbought on the Daily chart
RSI divergence
Bearish reversal candle for Fridays close on the 240
1st Target at the 382 fib (108.421)
2nd Target at the 786 fib (107.320) (previous consolidation)
Stops just above recent high at 109.540
roll stops forward to break even at 1st target