Long USDJPY
Updated
Last week USDJPY posted a green Heiken Ashi candle on the weekly time frame. This suggests to me that we may have another green week.
It is also the case that a green Heiken Ashi candle posted on the daily time frame after a red candle. This suggests to me that this could be the beginning of a muli-day bull run.
It is also the case that a green Heiken Ashi candle posted on the daily time frame after a red candle. This suggests to me that this could be the beginning of a muli-day bull run.
Note
A view from the daily time frame.Note
A view of the daily time frame from a traditional candlestick perspective.I plan to enter around the white line and my stop will be placed below the local low on the daily.
Note
Order cancelled
Price did not move back to my limit order. This trade is cancelled.
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