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thechrisjuliano

Trend Reversal Trade On Japanese Yen

Long
Japanese Yen Futures (Mar 2024) (CME:6JH2024)  
thechrisjuliano  
CME:6JH2024   Japanese Yen Futures (Mar 2024)
Trend Analysis Triangle Wave Analysis Contains IO script
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trendanalysis triangle waveanalysis containsioscript
4 hour downtrend is extended and reaching the 8th wave.

1 hour chart is still showing a downtrend but price is trying to break above the 50 SMA.

We saw a full trend reversal on the 15 and 5 minute trend with a clear break of structure.

I took an aggressive entry and have a target set at 2:1

Chris Juliano
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