merrimen

WHAT HAPPENS NEXT WITH THE JAPS.....?

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
The USD/JPY just got past its very strong resistance level at 106.098. The MACD indicates a BULL and the contact with the bollinger bands also signifies a BULL

TRADE:
Wait for the retracement to retreace back 100% of the extension then SELL

'OR'

The strong resistance converts to a resistance level , an opportunity to SELL too

Comments

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