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Nardobanks

USDJPY

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Nardobanks Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
3
2
trendanalysis
Long Term
Comment:
I should have stated that if we had gotten a breakout retest and continuation taking out the last high the go long.
Also i have now realized that there was in fact a counter trend line (C.T.L) present and in addition price action (P.A) has manged to break out retest and continuation taking out the previous low a short trade would be valid.
Comment:
Even thought this is a loss lesson learnt always trade what you see and not what you think.
Comment:
What i should have done is draw the pennant and allow the breakout retest and continuation the take place in whichever way.
Comment:
Lesson learnt.
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