Long $USDJPY based on over reaction ?
bought this order block at 117.50 . *providing there isnt china/usa confict escalation news* we should see a retrace to 118 level. nothing fundamental or monetary level has changed.
if you want to short.. wait till the 50% fib or pivot level.
Its very likely USD will gap up coming Sunday open.
if you want to short.. wait till the 50% fib or pivot level.
Its very likely USD will gap up coming Sunday open.
Comment:
hit the 50% and the order block held so far.
Comment:
i should have waited for that candle to close before posting hte update. current at level where you would expect stop to get swept. will update on the trade
for clarity , i took half off @ .94 on open. if this level holds ill rebuy
for clarity , i took half off @ .94 on open. if this level holds ill rebuy
Comment:
UJ continuing on no news , potentially ahead of the BOJ intrest decision tommorw.
for the record here what i did
readded to my full position size at 61 and closed .64
for the record here what i did
readded to my full position size at 61 and closed .64
still long and daily closed above the order and within the previous day/current days range before drop.