If we have a daily close above this trendline then USDJPY will be a great long. Yields are rising, only question would be stocks. If they fall then USDJPY can reverse quickly.
Target idea to enter Long @ 113 on a daily close above the TL.
Profit area 116
Stops 112.80
Target idea to enter Long @ 113 on a daily close above the TL.
Profit area 116
Stops 112.80
Trade active
got Stopped on this one and re-entered @ 112.85. stops at B/E nowTrade closed manually
closed 113.55 , dont trust this upmove
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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.