Akil_Stokes

USDJPY Descending Wedge Into Previous Structure

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Looking at a long opportunity here on the USDJPY for a few reasons. The first is a retest of our previous outside return and the second is the descending wedge pattern that exist. I'm typically not a wedge, triangle, flag, or pennant trader, but I am a structure trader so when all the starts are in align I take it.

SYNDICATE members I'm producing a video as we type with a more in depth look at the mindset behind this trade idea along with a few other setups as well.

"The Trading Coach Podcast" - Available on your favorite podcasting app!
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