A potential move to the downside could take place,
With USDJPY going on an uptrend
As you can see on the chart,
Price kept retesting against the CTL before heading to the upside,
Loads of corrections/flags being formed
Price has reversed - Creating a Strong Bearish Candle,
Broke the CTL and is now retesting the CTL
I am Looking for some bearish momentum if we see a pullback to around the 114.20 area
Patience - Let the trade come to you
#JugFX
With USDJPY going on an uptrend
As you can see on the chart,
Price kept retesting against the CTL before heading to the upside,
Loads of corrections/flags being formed
Price has reversed - Creating a Strong Bearish Candle,
Broke the CTL and is now retesting the CTL
I am Looking for some bearish momentum if we see a pullback to around the 114.20 area
Patience - Let the trade come to you
#JugFX
Trade active:
Price looks to be making its move to the downside. Because it's Monday and I like the markets to settle. I haven't gotten into this trade as of yet, I will await for a flag before entering
If you got into this trade, you should be up a nice 50 + Pips which you can look to move up to your SL and protect profits
#JugFX
If you got into this trade, you should be up a nice 50 + Pips which you can look to move up to your SL and protect profits
#JugFX
Trade active:
Profits protected. Expecting price to reach around 112.050
Trade closed: target reached