USDJPY - RSI & Stochastic Oversold! - and other confirmations

업데이트됨
Hi Traders!
The market is in a strong Downtrend.

As you can see the market also reached the Support.
The momentum of the price decreased too.

The market is at the moment in a descending wedge.
The Trading Idea is simple: Just wait for the Break of the Upper Trendline.

We have these confirmations now:
* RSI is oversold
* Stochastic is oversold
* Market at daily Support
* Decrease of Volume after High Price Action


The faster the market reaches to a S&R Level,
the deeper it bounces back (in usual situations).

We recommend to trade the Breakout with a wide SL.



Thanks and successful Trading :)!

노트
The RED BOX specially for you, in THIS comment:

스냅샷
Beyond Technical AnalysisChart PatternsoversoldpullbackrsioversoldstochasticoversoldTrend AnalysisTrend Line Break

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