My initial entry was early. Now, I've all the confirmations I need with yen index making lower lows. We rode the trend down, i think it is now time to ride it up.
I would love to have traded GJ but due to the weakness of dollar, i couldnt find a good entry on time.
Now to UJ
I'm looking to add new positions at 147.6 if the market offers
You can go to lower time frame and scout for better entry but I think the market is ready to rise.
Your stops will be better protected if at 147 but I dont think the market should romance with the downside any further
I would love to have traded GJ but due to the weakness of dollar, i couldnt find a good entry on time.
Now to UJ
I'm looking to add new positions at 147.6 if the market offers
You can go to lower time frame and scout for better entry but I think the market is ready to rise.
Your stops will be better protected if at 147 but I dont think the market should romance with the downside any further
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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.