JPY pairs have been bearish in the past days, but here, we saw the price rejecting a very strong stress zone.
We expect the price to go up again, however, we need get confirmation with a breakout in shorter time frames (4 h and 1h).
If we see a rejection we can bank some pips with a ratio of 3.5
Trade with caution,
Good luck,
Dracma Trading
We expect the price to go up again, however, we need get confirmation with a breakout in shorter time frames (4 h and 1h).
If we see a rejection we can bank some pips with a ratio of 3.5
Trade with caution,
Good luck,
Dracma Trading
Trade closed manually:
Closing this trade in 60 pips profits, because at the moment, it+s very risky to keep it open