If we have a daily close above this trendline then USDJPY will be a great long. Yields are rising, only question would be stocks. If they fall then USDJPY can reverse quickly.
Target idea to enter Long @ 113 on a daily close above the TL.
Profit area 116
Stops 112.80
Target idea to enter Long @ 113 on a daily close above the TL.
Profit area 116
Stops 112.80
Trade active:
got Stopped on this one and re-entered @ 112.85. stops at B/E now
Trade closed manually:
closed 113.55 , dont trust this upmove