UJ Long Scalp or ride the USDJPY train back up

24 May 2018

Will be watching the three possible support zones for possible signs of a bounce,

25 May 2018

İşlem aktif

Long Opened.
I entered long upon retest of my support zone, per blue arrow:


Close up of the price action around support line.

25 May 2018

İşlem kapandı: hedefe ulaştı

Scalp long closed with 45 pips profit.
Looks like maybe an ABC retrace of 12345 is done, and might get back down some more. Maybe will enter another scalp based on developments, but with weekend ahead would prefer no scalp position being open.

25 May 2018

Not

Glad I took profits from Asia pump, looks like EU will bring back down.
Will see if ABC proves correct or not