RaynLim

USDJPY-Weekly Market Analysis-May19,Wk3

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
A bullish shark pattern has formed up as a counter-trend trading opportunity.

I have personally engaged the trade and look at the wick of the candle, almost took off my stops and right now the trade is back on my entry price.

I will be watching closely with no plans of intervein this trade as I am also a rule-based trader.

Let see how this trade roll out. Like this post, if you love transparent analysis with no fluff and share it with your friends.

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