USD/JPY Trade Idea
Updated
Hello and welcome to my Trade Idea of the currency pair USD/JPY.
Lets start with the Top Down Analysis.
Monthly: The movement is very bearish.
Weekly: On weekly we see it's bearish again.
Daily: We see a Trendline, and a Gravestone Doji at the H4 Resistance, turnt Support Key level.
H4: A huge gap was opened and we see if the very big RR has a chance.
Lets start with the Top Down Analysis.
Monthly: The movement is very bearish.
Weekly: On weekly we see it's bearish again.
Daily: We see a Trendline, and a Gravestone Doji at the H4 Resistance, turnt Support Key level.
H4: A huge gap was opened and we see if the very big RR has a chance.
Note
Lets see if the M15 trendline can be broken.Note
First stop achieved. The market will retrace a little and then continue to fall to the lows.
I'll keep you updated.
Trade closed: stop reached
The NFP's were unfortunately against me today. It's hard to see because the Trade had real potential. But that's how it is in trading.
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