USDJPY LONG FORECAST Q2 W16 D16 Y25
Good morning all.
It may look like we are holding onto a bias. I can understand why that assumption is created. However, a short position is invalid for FRGNT whilst in a higher time frame order block long.
As per, that does not mean LONG blindly.
Two set ups illustrated.
1) 15' Break of structure
2) Lower time frame Break of structure without 15' break.
Trading is risky.
Both positions of course come with a side dish of risk and reason to loose. The question is, would you like to see USDJPY explode long without you?
Lets see how price actions plays.
FRGNT X
Good morning all.
It may look like we are holding onto a bias. I can understand why that assumption is created. However, a short position is invalid for FRGNT whilst in a higher time frame order block long.
As per, that does not mean LONG blindly.
Two set ups illustrated.
1) 15' Break of structure
2) Lower time frame Break of structure without 15' break.
Trading is risky.
Both positions of course come with a side dish of risk and reason to loose. The question is, would you like to see USDJPY explode long without you?
Lets see how price actions plays.
FRGNT X
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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.