Hi friends,
At the end of this day USDJPY might create great false break and start the down move that it should based on divergences.
That’s what I look for (Click to enlarge):
As you can see, I think that if daily chart closes below 94, it is a bearish sign.
With protection above last high I think that it could be great trade. Risking around 100 point with potential profit of at least 230 pips (My expected first target is 91.2)
It is risky but I think it is good potential trade. Enjoy your forex trading.
Yours,
Vladimir Ribakov
http://www.vladimirforexsignals.com/
