short term longs for USDJPY in a long term up-trend
I'm still long on fundamentals long term since, to summarize, the US has the strongest economy in the developed world at this moment.
In the medium term and intraday, I'm looking for a confirmation of an upward channel and following price action strategies to go long at breaks until the top of the channel.
I'm skeptical about scalping shorts but a good short might present itself at the top of the channel and it might be worthwhile.
Right now, looking to go long at the break of 114.446, at the break of a 0.236 resistance, to around 114.840 were there is a price action resistance of a few weeks ago.
In the medium term and intraday, I'm looking for a confirmation of an upward channel and following price action strategies to go long at breaks until the top of the channel.
I'm skeptical about scalping shorts but a good short might present itself at the top of the channel and it might be worthwhile.
Right now, looking to go long at the break of 114.446, at the break of a 0.236 resistance, to around 114.840 were there is a price action resistance of a few weeks ago.
Trade closed: target reached:
Perfect trade! So happy
