Looking at a Supply / Demand That Hedge funds etc. use. ~Careful of big spikes at zone that chase stop losses (Spread SL farther than normal) ~Win / Loss Ratio is minimal of 1:5-6 ~Patience is key. ~Emotionless trading. ~Already in a buy (riding up to Supply / Demand Zone) Let's Make Money!
Looking for 34-35 Before Retracements ~Look for more buy entries ~Look for stalling around 34-35 ~No previous data so patience is key. (evidence makes money) (Don't guess)
Simple Supply / Demand Zones need to be reached before moving foward. ~Look for consolidation in Blue Line Area. ~Blue Box = Stall / Consolidation BEFORE moving up for higher highs.
Monthly Provided *Shooting Star* (Resistance built / holding until next demand zone is met. Looking for short term sells into long term buys.
Currently in a bullish movement. Awaiting 5th touch from Flag to proceed movement. Shorting on the way down to 5th touch. No money left behind.
Bought @ 107.76 SL Set / TP Set Goodluck
I'm already in, will add on after TL break and close. This R:R can't be beat with great entries.
USD/JPY Weekly outlook, we have a couple reasons to think this is a bullish retracement. Returning into the weekly drop. Something to look at.