FX:USDJPY   U.S. Dollar / Japanese Yen
490 7 58
Yen is in a consolidation ,this could be a very complex pattern in the making ,so i'll buy on the break out and move stop to BE when we hit the upper trend line .I am looking to catch the Impulse of the correction .If it becomes more complex then I will take a BE trade. I always trade for the bigger move and grater R/R.
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expanding downword
+1 Reply
hey, look at that, what a wonderful forecast, I'm so happy I toke the course with Anil, and to stay with his fantastic group of traders
+2 Reply
perfect forecast
+1 Reply
This worked out nice ! let's see if it breaks out turn down for a more complex correction!
+5 Reply
The trade is on and stops are moved to 118.96 ,it seem to be building a channel so we will move stops on every up move since channels like these often break to down side.
+5 Reply
I will be watching and waiting for it
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Divergence also...
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