rangebreakout

The 124.750 highlighted region is looking to give way relatively soon. On Friday we saw a breakout of the counter trendline followed by a retest which managed to hold back above, currently the top highlighted region is providing some strong resistance however, once we do see a strong push to the upside the probability of pushing higher into the target region of...

First published idea here guys so any feed back or additional analysis on this trade is very welcome! USD/JPY has been ranging in the 144.535 to 107.362 boundaries. It has now come to the bottom of this range with the stochastic's in the over sold area with near enough three support hits previously, this is a strong support. Retail trader data shows 76.5% of...