USD/JPY has been hovering within the triangle structure for the past week awaiting FOMC and BOJ updates.
Big Opportunity lurking.
TREND CONTINUATION - Await Price action upon close of the daily candle below the triangle structure.
- Enter short with TP 1 @ 100.00
Trend BREAK - Break of the Upper Red Line and Triangle Structure --> Massive Uptrend. Potential Long term trade to 120 level
- Enter Long @ close of Daily candle above the Triangle Structure.
- TP 1 @105
- Long Term Trade potential.
Big Opportunity lurking.
TREND CONTINUATION - Await Price action upon close of the daily candle below the triangle structure.
- Enter short with TP 1 @ 100.00
Trend BREAK - Break of the Upper Red Line and Triangle Structure --> Massive Uptrend. Potential Long term trade to 120 level
- Enter Long @ close of Daily candle above the Triangle Structure.
- TP 1 @105
- Long Term Trade potential.
Order cancelled:
100 Pips
Trade closed: target reached