USDJPY: Possible Short Position
Summary
Market was moving very impulsively this week. I was able to capitalize on it with a 5% profit. Looking at the chart again, it just broke out from an Ascending Channel. I will take the trade when I see a clear Bear Flag for it.
Steps to be taken
Market was moving very impulsively this week. I was able to capitalize on it with a 5% profit. Looking at the chart again, it just broke out from an Ascending Channel. I will take the trade when I see a clear Bear Flag for it.
Steps to be taken
- wait for a clear bear flag.
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.