USDJPY: BUY
Updated
CORRECTION regarding my last post.
USDJPY pair just made a clear hourly closing above S 1 in an overall bullish trend on 4 hourly and daily charts . I am in therefore with a BUY call. I entered above S 1 keeping my stop loss just below S 1.
USDJPY pair just made a clear hourly closing above S 1 in an overall bullish trend on 4 hourly and daily charts . I am in therefore with a BUY call. I entered above S 1 keeping my stop loss just below S 1.
Comment
It was really close. S 1 given respect.Comment
Loss booked before stop loss of $ 150 due to evening star formation near stop loss. I should have waited for R 1 break on hourly closing.Comment
Playing between S 1 and R 1. I will wait till it breaks one of them on hourly closing before next entry.
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