USD/JPY LOOKING BEARISH HERE
with the dollar looking too loose some strength this week and how horrily weak the jpy pairs have been, it makes sense we see a Correction with the USD/JPY pair
looking to enter shorst at this bos area we have a clean retest and rejection from
also as shown in the image we can see clearly we had a Backtest retest rejection of the DBL trend now this would have been the idea sniper entry, but ill take BOS and cho ch at this point
bos = break of structure
ch o ch = change of character
looking to enter shorst at this bos area we have a clean retest and rejection from
also as shown in the image we can see clearly we had a Backtest retest rejection of the DBL trend now this would have been the idea sniper entry, but ill take BOS and cho ch at this point
bos = break of structure
ch o ch = change of character
Comment:
move stops to Stop/Profit of +75 pips and we can mark this trade is a WIN!!
Trade closed: target reached