Last week, I've mentioned a Bullish Flag Pattern on the USDJPY pair(check the link below), if you have taken advantage of that, you would have earned 155pips which brings you around 1,550USD/lot traded.
Well, don't miss this trade again, you can wait for the market to retrace back to the trendline but not close below the trendline for a buying opportunity.(more...
We will start with the I told you so
Of course a short was to be placed at 1.618 of BC but after the strong bounce (low timeframe volume) from B also 0.5 - 0.618 shorts gets risky and it became clear that we were note going to touch A or C target ~12.8k.
So patients was required and a new bullish pattern emerged and it was clear that 13.9k target was going...
