With the dollar being bearish I want to see a retracement on USDJPY and then take a short position. You can see what my areas of interest are. I see that the market has also been showing bearish market structure so I don't believe we will return to the Daily Order block. Thats why my SL is there.
Trade closed: target reached
Beautiful price action on USDJPY, caught 70 pips towards the end of the week!!
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.
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.