After trading the small shark 2 days ago, I see yet another shark forming on USDJPY.
The game plan remains the same.
Wait for price to get close to the trendline.
Monitor volume for early entry.
The safe entry is to wait for breakdown of trendline.
Will target 113.40 for initial profit target.
SL at 114.35.
Will keep you guys posted, I have yet to enter.
The game plan remains the same.
Wait for price to get close to the trendline.
Monitor volume for early entry.
The safe entry is to wait for breakdown of trendline.
Will target 113.40 for initial profit target.
SL at 114.35.
Will keep you guys posted, I have yet to enter.
Note
Those who shorted and profited last week take note of this bullish shark completing.
Will strongly recommend taking some profits at 113.50 area.
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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.
Related publications
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.