USDJPY – SPOT: Inside Bar Pattern Breaks Higher
Price Action: Price moved higher from the Inside Bar Pattern that had formed late last week (We suggested trading this breakout of this pattern in the August 5th members' daily newsletter).
Price moved higher from the Bullish Tailed Bar Signal that had formed early last week (We suggested trading this signal in the August 3rd members' daily newsletter).
Potential Trade Idea 1: We are considering buying on a retracement lower to within the range of the most recent Inside Bar breakout.
Potential Trade Idea 2: We are considering buying on a retracement lower to within the range of the recent Bullish Tailed Bar Signal.
Price Action: Price moved higher from the Inside Bar Pattern that had formed late last week (We suggested trading this breakout of this pattern in the August 5th members' daily newsletter).
Price moved higher from the Bullish Tailed Bar Signal that had formed early last week (We suggested trading this signal in the August 3rd members' daily newsletter).
Potential Trade Idea 1: We are considering buying on a retracement lower to within the range of the most recent Inside Bar breakout.
Potential Trade Idea 2: We are considering buying on a retracement lower to within the range of the recent Bullish Tailed Bar Signal.