Hi traders,
(As always, our students got notified early about this analysis)
King Dollar crushed every pair yesterday, creating a new trend. UJ somehow was one of the smallest intraday movement I saw. I guess that weekly (almost monthly) resistance got in his way. The trend is your friend and it will be ours today too. This is either a triple top or we are on the brink of blowing this thing open.
Here's what I'm thinking :
USDJPY LONG:
ENTRY : 114.07
SL : 113.46
TP : 117.542
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
(As always, our students got notified early about this analysis)
King Dollar crushed every pair yesterday, creating a new trend. UJ somehow was one of the smallest intraday movement I saw. I guess that weekly (almost monthly) resistance got in his way. The trend is your friend and it will be ours today too. This is either a triple top or we are on the brink of blowing this thing open.
Here's what I'm thinking :
USDJPY LONG:
ENTRY : 114.07
SL : 113.46
TP : 117.542
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Comment:
Here was the chart shared with students
Trade active:
Already getting those pips! 40 pips profit!