Hi, friends.
USDJPY is in down trend. Daily main-balance goes down.
We must to use this possibility and open only sell position.
The longer consolidation was, the further trend will go. So the main target - 100.
But you must remember - if false break out happens and the price will return back into the balance and breaks out level 109.25 you need to close position immediately.
USDJPY is in down trend. Daily main-balance goes down.
We must to use this possibility and open only sell position.
The longer consolidation was, the further trend will go. So the main target - 100.
But you must remember - if false break out happens and the price will return back into the balance and breaks out level 109.25 you need to close position immediately.
Trade active
Wainting for 100
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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.