
I think this exchange is over stretched, so i decided to take a long trade, on USDJPY.
The bar popped up nicely after Kijun sen and Tekan sen cross.
I was closed out due to the trade hitting the RSI 40 line [Standard settings, with adjusted high/low lines].
There are no news announcments during this period.
USDJPY CLOSED LOSS [101.744 – 101.724] 0.02 #trading #forex #fx