USDJPY BREAK OR BOUNCE?? Testing Major Support.
may break or bounce. Major resistance around 109.1. I'll be looking for a short opportunity. Wait for confirmation before taking trade, no retest.... no entry. DONT FALL FOR THE FAKE OUT!
Trade active:
Good Tweezer / Peak set up. RSI and ADX/DI all showed strong bearish movement as well as momentum.
trend broke through my supply zone and retested 108.85. Second trade taken there.
rode out another small breakout to 108.75 and pulled out for a total of 52 pips in 2ish hours.
(i've only been in this game for about 6 months... tell me what you guys think. all comments welcomed)
-This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
trend broke through my supply zone and retested 108.85. Second trade taken there.
rode out another small breakout to 108.75 and pulled out for a total of 52 pips in 2ish hours.
(i've only been in this game for about 6 months... tell me what you guys think. all comments welcomed)
-This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Trade active:
after a bounce and RETEST off 108.75
TP +20 pips
TP +20 pips
Trade closed: target reached:
108.55 target hit.
up 70+ pips
up 70+ pips