Hi @FollowMyForex traders,
We're selling
USDJPY
from the top of this clearly defined range.
As long as price remains between these two zones the range is still intact, however we do have a bearish bias on this market. Therefore we favor selling and specifically selling from the top of this range.
If the top of the range holds and moves back doww, it can gain us another nice +35 pips in the beginning of this week.
Updates to follow, trade safe.
We're selling
USDJPY
from the top of this clearly defined range. As long as price remains between these two zones the range is still intact, however we do have a bearish bias on this market. Therefore we favor selling and specifically selling from the top of this range.
If the top of the range holds and moves back doww, it can gain us another nice +35 pips in the beginning of this week.
Updates to follow, trade safe.