RaynLim

Trade Ideas Analysis: USDJPY ABCD

Long
RaynLim Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
A double trading opportunity presents itself. ABCD is usually a counter trend trade, hence, not ignoring that, if the market presents a double bottom, I will head in for a long opportunity.

However, when the market head back to the sell zone and if it ends at the blue arrow ends, I may engage as an shorting opportunity.

Is amazing for developing 2 trade strategy within 1 setup, isn't it?

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