Talk of slow moving market yet we remain patient and hold.
Looks like a perfect zone to add positions and put a Break even SL on the first entry.
Now that TP has been hit, we expect a sell opportunity on current levels. R/R ratio will be set after enries are triggered.
We will have buy stop orders above the yellow trendline and should it crawl below the trendline to the blue dotted line then we will enter the trade manually and put a SL on the level shown. Note: USDJPY is showing a strong bearish trend on a weekly timeframe so we are conter-trend trading with this anticipated move.
The sell positions from yesterday were stopped out at breakeven, we are getting another sell signal at the current levels.
The breakout to the upside has not happened yet so our buy orders have not been triggered. Price could reverse at the blue. We will keep our buy stop orders above the noise levels and ahould it get to the blue area, we buy manually.
We have a sell signal at an interesting level. We have an alternative view of UK100 which shows it falling for a while (available to paying members).