USDJPY 108.739 - 0.08 % LONG IDEA * PRICE & CONTINUATION PTTNS
Hey everyone
Here's a look at the DOLLAR / YEN hope everyone is having a good one.
* The pair has been on a bullish rally with some strong momentum looking like its currently building a bull flag which could possibly be signallying
continuation with the bulls.
* A look at the MONTHLY chart shows a break above the descending triangle which has seen a range for a while a break above BULL are in
control.
* will be watching price for continuation to the upside, a break above of structure is a trigger among other things.
* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Here's a look at the DOLLAR / YEN hope everyone is having a good one.
* The pair has been on a bullish rally with some strong momentum looking like its currently building a bull flag which could possibly be signallying
continuation with the bulls.
* A look at the MONTHLY chart shows a break above the descending triangle which has seen a range for a while a break above BULL are in
control.
* will be watching price for continuation to the upside, a break above of structure is a trigger among other things.
* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
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