USD/JPY Long
Updated
Context:
• W and M showing (yet to be confirmed) rejections: Neutral with bullish touch
• Respecting Daily FVGs
• 2h big bullish FVG, 4h close above equal Highs
Idea:
• Entry in area between 156.600 - 156.15 with LTF reversal (e.q. 1h)
Scenario:
• Entry area should be approached without bearish FVGs
• 4h close below 156.49 (Equal Highs): Caution!
Scenario terminated:
• 4h Retracement below 156.15: Trade is off
Stop:
• Determined by your entry setup
Please feel free to comment with other ideas or questions.
• W and M showing (yet to be confirmed) rejections: Neutral with bullish touch
• Respecting Daily FVGs
• 2h big bullish FVG, 4h close above equal Highs
Idea:
• Entry in area between 156.600 - 156.15 with LTF reversal (e.q. 1h)
Scenario:
• Entry area should be approached without bearish FVGs
• 4h close below 156.49 (Equal Highs): Caution!
Scenario terminated:
• 4h Retracement below 156.15: Trade is off
Stop:
• Determined by your entry setup
Please feel free to comment with other ideas or questions.
Trade closed: target reached
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