My trend analysis of USDJPY
Trade at your own risk
Watching the breakouts and trading the triangle, waiting for weekly close to confirm overall momentum. Trading sideways between resistance zones all week.
Analysis are not signals to trade, i hope my analysis matches yours :)
Trade at your own risk
Watching the breakouts and trading the triangle, waiting for weekly close to confirm overall momentum. Trading sideways between resistance zones all week.
Analysis are not signals to trade, i hope my analysis matches yours :)
Trade closed: target reached:
I would be taking profit now if I had taken this trade
Comment:
Has now almost perfectly followed the desired path up to the resistance level of 114. I am definitely out of this trade now and waiting for momentum
Comment:
Structure broke lower