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hmmmpf
Feb 16, 2017 4:01 PM

USDJPY long Long

U.S. Dollar/Japanese YenFXCM

Description

Got a BO on the bigger structure and now a pullback in flag pattern. Once price breaks out, there's a good chance for a nice long opportunity. Good luck
Comments
Trader_Dale
Looks like the market rushed through last strong support at 113.44 and is shooting down. I would be more carefull with long trades now mate. Good luck!
hmmmpf
@Trader_Dale, I don't look for support or resistance. The break of structure is there and the movement down is typical for a pending reverse just like 2 days ago. In addition, take a look on EURUSD. It went down and now gone up which pushed the dollar down pretty hard, but i think this might be just the b wave in an abc corrections so I expect some dollar strength very soon. But I might be wrong. Thx for the comment :-)
Trader_Dale
@hmmmpf, I get what you mean, thanks for writing your thoughts. Best of luck for you and take care D.Trump is going to speak in few minutes. markets could go crazy. you never know with this guy.
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