Wednesday, 18 July 2018

Trade Idea USDJPY TF Daily 19/7/18

( Click image to enlarge )

Pair : USDJPY
Timeframe : Daily
Broker : FxCitizen
Trend : Uptrend

Analysis :
  • Trend still remain uptrend but price already reached resistance level.
  • Price enter overbought level and seller will push price down.
  • Price also touched daily upper trendline and reject it.
  • Find chance to short ( sell ) if there a confirmation at H1 or H4 timeframe.

Trade Idea :

Signal
Stop Loss
 Take Profit 1
Take Profit 2
Sell
113.45
112.20
111.40

*Disclaimer

Before follow this analysis , please make your own analysis and compare with this analysis. Make sure you already have trading plan and money management calculation before enter position. Always consider how much risk and reward according your invested capital. We not responsible for any loss and damage. Trade at your own risk.


Learn how to analysis the market with the TFS Price Action Trading

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