youngtiller

Stuck Between a Rock and a Hard Place

FX:USDJPY   U.S. Dollar / Japanese Yen
71 views
7
Unsure as to where price will go. Looking for a breakout of the trend lines to confirm a buy or sell. Doesn't look like there would be much room to the upside, but who knows in these markets. A breakout to the downside should been a smooth ride until the 108 level where there is some support. Wait for confirmation. I'm expecting a breakout during the London session, or early in the New York session. Wouldn't be a bad idea to have some buy/ sell orders that would confirm a breakout. Trade at your own risk
Comment: Looking at the TP1 for the downside after a trend break

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out