USDJPY is pressuring the downtrend line. 3 times a charm - We should break 104 and extend A high angle uptrend is taking place so use tomorrows NFP to buy a dip -Buy near 102.5 that represents the 38% retracement and gives you 75 pips risk to the downside vs 150 pips reward just to 104 -If we don't get a dip or you miss the dip wait for a clean break of 104 and enter with a minimum target of 107
Comment
⋅
Entered at 103, my 102.5 dip seemed to a bit low but everything is going. Look for a move past 104 now
Comments
vbadali
⋅
When I post my chart it seems to always move the trendlines. The top line should connect cleanly down the three circled areas.