Welcome traders to a free analysis breakdown. Today I am highlighting possible trade ares on USDJPY, if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free educational please...
This has a lot of confirmation for a push down, going for 50 pips.
Finally got a correct liquidity. Waited all day for that trade +4,5R
USDJPY Short - stopped out.. -1R, no trades since monday. Straight trends without good corrections this week
USDJPY Long really fast trade long.. worth waiting +2R
This is the only a closer look for range trading. Alarm Trading Tactis:-
USDJPY no interesting entries on Monday, not only on UJ but all pairs that I am interested. Prices were trending without any significant correction. At last, on late tuesday entered short on UJ and stopped out with -1R, the second short opportunity on UJ went as it should with nearly +4R
in respects to recent USDJPY analysis.. anticipate - react - execute cheers.
Nice pull back from respected downtrend resistance trendline.