USDJPY Trade Idea
Updated
USD is in bullish, which means all other weak currencies should be bearish.
As you can see in the chart of
USDJPY weekly open is holding as a support. once it breaks this support and holds it as a resistance, I will short it with this confirmation, and put stop loss at previous candle high. And tp would be current year mid.
I will keep you updated with all my trades.
As you can see in the chart of
USDJPY weekly open is holding as a support. once it breaks this support and holds it as a resistance, I will short it with this confirmation, and put stop loss at previous candle high. And tp would be current year mid.I will keep you updated with all my trades.
Trade active
Seems like USDJPY is strong for now. let's wait and see. DXY is still bullish
Trade closed: stop reached
Guys stop loss, took L on this, wait for this trade, if it gets back under again, I will short it again.
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