USDJPY (H4) - Sell Stop

28 באוק׳ 2021

• The pair is having a correction after a long time to uptrend
  
  
• RSI can't break above 50, showing a high possibility of decline
  
  
• In case of continued decline, Fibonacci Extension at 1(113.078)
  and 1.618(112.304) will become strong support areas
  
  *Sell Stop: 113.366
  SL: 113.964
  TP1: 113.078
  TP2: 112.304