USDJPY Is currently in an up channel, and has had significant movement to the upside over the past week. We are looking for price to continue up respecting the consolidation within the channel.
Stop Loss is set at 25 pips.
Stop Loss is set at 25 pips.
Comment:
111.200 Is also an area to note. Channel could break and respect prior support area, in recent market structure.
Comment:
Channel was broken, looking for entry around the 111.200 price zone
Trade closed: target reached