USDJPY Counter-Trend Trade Set Up

29 ก.ย. 2018

Hello traders, USDJPY has been making massive bullish moves this entire week. The overall trend is bullish until the market says so. BUT, I see an opportunity to go short on this pair for extra pips as a counter trend trade. Here's what I see:
1. Divergence on the RSI
2. Price action showing weakness
3. Approached a 1 Hr price zone

29 ก.ย. 2018

บันทึก

Here is a zoomed out look of USDJPY, and extra confirmation for this counter-trend trade