PAIRS IN FOCUS: USDJPY, EURJPY & CADJPY
ACTION: SHORT
HORIZON: SHORT-TERM
Here are some BEARISH RSI divergence signals that just appeared on several Yen pairs: USDJPY, EURJPY and CADJPY.
As per my previous ideas on RSI (link will be attached), we can expect a short-term correction in prices. The arrow in PURPLE is by no means a definite target for your TP.
Determining your own TP and SL is important, and whether this kind of signal (RSI divergence) is something you would include in your trading strategy.
ACTION: SHORT
HORIZON: SHORT-TERM
Here are some BEARISH RSI divergence signals that just appeared on several Yen pairs: USDJPY, EURJPY and CADJPY.
As per my previous ideas on RSI (link will be attached), we can expect a short-term correction in prices. The arrow in PURPLE is by no means a definite target for your TP.
Determining your own TP and SL is important, and whether this kind of signal (RSI divergence) is something you would include in your trading strategy.
