USDJPY is in a multi-day range, which means that the breakout will last for several days as well. All JPY pairs have been bullish for a moment. Bouncing against trendline several times, so a breakout is due this week. But which direction? News for USD will move this chart fully beginning Tuesday's New York session. So not trading this until Tuesday morning. (I'm really hoping for a sell)
Possible Tps if a sell: 110.366 110.087 109.809 109.489
Possible Tps if a buy: 110.964 111.324 111.947 112.125
Trade active
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Price did a breakout and retest of the trendline during New York session, then continuation to leave consolidation area hitting BULL TP1 at 110.964.
Price is currently performing a retest of daily SR level 110.964 and if successful should see BULL TP2 hit during the Tokyo session.
Trade closed manually
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BEAR TPS 1-3 are HIT I closed out manually. I took a small hit anticipating the sell when it wasn't ready. Must remember not to break my own rules - no matter how bad I wanna win that trade.