USDJPY - Beanpole Trade ;-)
Updated
At support, ther is a chance that price holds in the SZ.
Going long if price can make it to my buy stop.
P!
...try this: mytradingcoach.teachable.com/
Going long if price can make it to my buy stop.
P!
...try this: mytradingcoach.teachable.com/
Note
...there we go :)Note
No, i don't go BE - i would beg to stop me out.Such up-thrust bars dont last long, as i mentioned a couple times.
Means, price shoots down again because "they" know where the breakout traders enter and when and where they go BE...not me, or to clarlify, no more ;-)
I know that price was stretched at the lower dashed A/R line.
This is why price behave often like rubber band - it's "flungs" back.
Stay patient, follow the plan and lean on your one stats.
P!
Learn To Earn with Action/Reaction (free4you): mytradingcoach.teachable.com/
Note
If we crack the last Bars high, i add to the position with a very small stop.Note
No fill on the second and in the red on the first - one of these whales must have read my comment lately §8-)Trade closed: stop reached
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.