USD/JPY downtrend live daytrade
Categories: Daily Technical Analysis Tips and Picks
It will be crazy if you don’t trade USD/JPY pair. Look at the daily chart, it is on a very strong downtrend! Then go down to the 15min chart (see above). When you find any retracements, just short it. Look for signals for confirmation, like the way I traded this pair. Negative divergence on RSI […]
It will be crazy if you don't trade USD/JPY pair. Look at the daily chart, it is on a very strong downtrend! Then go down to the 15min chart (see above). When you find any retracements, just short it. Look for signals for confirmation, like the way I traded this pair. Negative divergence on RSI and Stochastic, accompanied by a strong rejection candlestick. Just Trade It! Look for major trends like this yen pair, follow the trend, wait for a retracement, look ... Read More