good evening.
this is am update to the USDJPY chart. I posted analysis on this chart a few days back.
this was before we had any breakout that occurred from the 111.210 region, we witnessed Bullish momentum that broke 111.500 but not with enough momentum to push further upwards... the original trend being Bearish having being identified on the H4 chart.
its now a day later and a few hours to spare and the pair corrected between 111.600 before reversing, we witnessed a downtrend trendline break at 111.487 and waiting for the right moment I entered Short and took profit at 111.239
the pair restructured and corrected itself again from 111.330 - 111.440 before going Bearish
as analyzed I waited for the right entry and I have now locked profits at entry at 111.200.
this on a personal note has been one of my greatest trades that I have taken from the moment I set eyes on the pair to the moment that I see the candles flow in between the predicted area.
goodnight and sleep well
this is am update to the USDJPY chart. I posted analysis on this chart a few days back.
this was before we had any breakout that occurred from the 111.210 region, we witnessed Bullish momentum that broke 111.500 but not with enough momentum to push further upwards... the original trend being Bearish having being identified on the H4 chart.
its now a day later and a few hours to spare and the pair corrected between 111.600 before reversing, we witnessed a downtrend trendline break at 111.487 and waiting for the right moment I entered Short and took profit at 111.239
the pair restructured and corrected itself again from 111.330 - 111.440 before going Bearish
as analyzed I waited for the right entry and I have now locked profits at entry at 111.200.
this on a personal note has been one of my greatest trades that I have taken from the moment I set eyes on the pair to the moment that I see the candles flow in between the predicted area.
goodnight and sleep well