USDJPY Sell Opportunity

٢٦ يوليو ٢٠١٩

Price is in major downtrend on daily time frame. Now, price has pulled back to hit resistance. Our take profit is at support and our stop loss is above the previous high. We also see a big wick to the upside, showing seller pressure as candle is unable to close above resistance. Nice trade ratio of 2:1.