Selling rallies offers good risk/reward in USDJPY There is a - TopicsExpress



          

Selling rallies offers good risk/reward in USDJPY There is a down trend line on the H4 chart and major resistance around 102.70/80. Pair is also showing hidden bearish divergence which means we will be looking to sell the currently forming bearish divergence on the H1 chart. NB 102.70/80 must hold for this scenario to be valid. TP1: 20 MA of H4 TP2: last low SL: above 102.80 Full Article - goo.gl/MbJsqO Video Explanation - youtu.be/Z6zoV327_Ao
Posted on: Wed, 05 Mar 2014 11:32:32 +0000

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