TradingView
Buzthewhite84
Dec 10, 2016 9:25 AM

USDJPY 4H long trade idea: yes or no? Long

U.S. Dollar/Japanese YenFXCM

Description

Hi all

I'm just looking for some feedback. I picked up a ascending triangle pattern on closer inspection of what looked like a bear trap. My idea is to enter the trade at the retest of the S/R breakout, however I also feel that a trap is in play and may lead to a bearish reversion. Am I correct for having a bullish bias with this trade?
Comments
Devise2Day
> 114 only contrarians are selling USDJPY :idea:

Buzthewhite84
@4XSetUps, hahahaha! Good one. Thanks for the feedback. How do I follow you back? Only doing my TA now, internet's been down the whole day :(
Devise2Day
More