I first saw a priceline that market's been reacting to over and over again. This time, it seemed to act as a support line.
However, when I got in, I was lucky enough to already see that market grabbed liquidity from SL of trades going to against the support.
So, what time was it, guys? It's my time to win some pips of course.
When trying to move my TP, I saw an...
Price conveyed a strong downtrend, then it created a pennant, which is a continuation pattern.
And if you look at a greater picture, you'd see that price created lower lows, and it was far from reaching the previous high.
SL is crucial for this trade. Since it's a pre-market trade, the pips spread can widen at the start of the trading week. USDJPY's spread is...
I will tell something to all bears and fools who expect a 7.4k drop. Do not miss this climb for their ignorant and stupid predictions, only impoverish them more, have the glimpse of rationality at the moment when this breaks upwards of not putting a short that liquidates them. I wish you success and I wish you not to remain in absolute poverty.