People confuse themselves...

FX:USDJPY   U.S. Dollar / Japanese Yen
PURPLE ARROWS - resistance

As you can see price has been used for support and resistance on both timeframes on a regular basis, Now price is almost at this level so we will be looking for a BREAK or BOUNCE of this important level... if price BREAKS and closes above this level we will BUY, if price BOUNCES and closes below this level we will SELL.... got that? really not hard is it?

People confuse themselves.... once you master your own mind you will master trading!!!


Thanks found this useful
Apex_Gregg Managed_CapitalUK
@Managed_CapitalUK, Very welcome, glad we can help 👌
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