Trendline was broken last week on DTF....Short for a retest of Trendline/Demand zone and then Long TP on Chart
Possible scenario on USDJPY. Go short immediately after break of trendline. Price may rally up to supply zone (see my arrow) before crashing down. Definitely a short trade. I will update this trade set up once active. Good luck all
Quick Short and then long to supply zone I will take 1st profit at 1.51278
On 4HR Supply zone... short opportunity to Demand zone as highlighted Then Long to next supply zone shown with arrow
If price breaks TRENDLINE below then go short to weekly demand zone as shown if price breaks supply zone above, then long to the trendline. I will update chart when market opens
Already on this trade...good bearish signal on daily and weekly time frames. My first TP is at 78.480 demand zone on 4hr TF