USDJPY forming broadening bottom

19 Ağu 2018

I am waiting for UJ to kick back down to the lower trendline before reversing its course toward the upper trendline. Waiting for touch and bounce back before longing the pair. (look at the red arrows for trade set up)

Another possibility is that price might do a partial decline and bounce off the supporting line and just shoots up. (the blue dotted arrows)

20 Ağu 2018

İşlem aktif

Price hit the buy limit, in profit

20 Ağu 2018

İşlem kapandı: durdurma seviyesi

USDJPY took an unexpected turn to the downside due to weakening US dollar. Looking for another entry.