I was not in any trades before the election result, was very patient to wait for the market to settle down afterwards.
Looking at USDJPY here for the next continuation up move.
We see the HTF was in a larger expanding type of channel, correcting price since 2017.
Latest price action shows us the same type of structure but on the LTF scale.
Price broke the previous lows, and strong bullish impulse up.
Currently price is staling at the top of the structure channel, as always waiting for a LTF correction develop and look for buy entries would be ideal.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.