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#intraday_trading #USDJPY is moving downwards Opportunity: S | OctaFX Official

#intraday_trading

#USDJPY is moving downwards

Opportunity: SELL
Main pattern: Breakout, Pullback and Continuation
Explanation: The blue line represents a long-term trend and displays a bullish movement. The line is stronger than the orange one, which is a short-term trend. The technical pattern suggests a reversal of the long-term trend.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 147.488
Stop Loss: 147.714
Take Profit: 147.261

Trade now

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it.