Looks like USDJPY has hit a double-bottom and may be about to show some upside. There's strong bullish sentiment and a Higher-Low. With Stoch divergence.
Waiting for price to break above the resistance at 102.50 before entering LONG, with a target of the upper channel around 105.00.
Waiting for price to break above the resistance at 102.50 before entering LONG, with a target of the upper channel around 105.00.
Trade closed: stop reached:
Well spotted, but I didn't really didn't read this situation well. Should have been a looking at a bearish breakout.
