MlungisiThekisoKa-Maqina

an update to my earlier USDJPY chart, and why it was incorrect.

FX:USDJPY   U.S. Dollar / Japanese Yen
The chart on USDJPY that should have been.
My previous chart was drawn with candles that closed 2hr before the conventional 4hr candles - which led me to believing there was no resistance ahead - but the pair encountered that before hitting TP which made no sense. So I went back to check what the matter was.

Comment: DISCLAIMER:
This information is provided as an opinion only and is in no way meant to be used for trading purposes.
Trade closed: target reached
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