Happy New Year everyone! Is time to be back after 2 weeks of holiday. Price starting to create a Higher low and Higher high in lower timeframe showing bullish momentum, i will follow this channel as a guideline for the current flow of the market. Trade safe and remember to manage your risk.
Current situation is a buy direction, buy signal already starts appearing in my trading system. Always remember price is dynamic, we cannot control where it will go next. The only thing that we can control is our risk. Happy trading guys.
Higher timeframe for direction and lower timeframe for signal. Lower timeframe sell momentum has given me the green light to search for a nice position to sell. Manage your risk well guys, there is no 100% in trading.
Price has broken 104.xx level. If it closes above the broken level today, next probable target will be 106.xx supply level. We are BULLISH on USDJPY. Waiting for a dip to buy back around 103.7x level. Will refrain from opening short positions unless a shift in market structure. Trade safe.