After Consolidation the USD JPY is creating bullish Triangle with Rezistance around 145.00
After Break up it's possible to reach the tops from eraly 90's
Some of Traders have entern after retest on the 142.900 support. I missed it therefore I'm looking for setup after break up that triangle.
Followed by SR level from the TOP 146.350 (August 1998) you can wait also for this break
For those who are no sure if this will go UP use the SL properly
(I use Smoothed MA 21/50 or swing low) and set your lot size for appropriate risk management.
After break up on 146.350 we have free way of more than 400 PIPS to 150.00-150.700
Only time will show what is in the Future
Good luck to all
After Break up it's possible to reach the tops from eraly 90's
Some of Traders have entern after retest on the 142.900 support. I missed it therefore I'm looking for setup after break up that triangle.
Followed by SR level from the TOP 146.350 (August 1998) you can wait also for this break
For those who are no sure if this will go UP use the SL properly
(I use Smoothed MA 21/50 or swing low) and set your lot size for appropriate risk management.
After break up on 146.350 we have free way of more than 400 PIPS to 150.00-150.700
Only time will show what is in the Future
Good luck to all