JPY pairs have been bearish in the past days, but here, we saw the price rejecting a very strong stress zone.
We expect the price to go up again, however, we need get confirmation with a breakout in shorter time frames (4 h and 1h).
If we see a rejection we can bank some pips with a ratio of 3.5
Trade with caution,
Good luck,
Dracma Trading
We expect the price to go up again, however, we need get confirmation with a breakout in shorter time frames (4 h and 1h).
If we see a rejection we can bank some pips with a ratio of 3.5
Trade with caution,
Good luck,
Dracma Trading
Trade closed manually
Closing this trade in 60 pips profits, because at the moment, it+s very risky to keep it open
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.