Sinex

USDJPY Trade Idea Update

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Looking good to enter into another position.
We are looking for a pullback and then a higher lower high and
there we will place our sell orders. Notice my hypothesis was not
too far off the money. Not bad! Patience is key.
The idea going forward is this might turn into a weekly hold trade
and with any luck we will get that.
Comment: Looks like a rough ABC, can't have perfect patterns, that'd be too easy.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.