USDJPY – SPOT: Buying On Retracement And After Price Action Signal Above 141.49 Support Level
Price Action: Price exploded higher from the ultra-small Bullish Pin Bar Signal that had formed on Friday, Oct 7th (We suggested buying on a breakout higher of the nose of this Signal in the Oct 10th, members weekly newsletter).
Potential Trade Idea: We are considering buying on a retracement lower and after a price action signal, whilst price remains above the 143.49 short-term support level, which concedes with the recent ultra-small Bullish Pin Bar Signal that had formed on Friday, Oct 7th.