USDJPY: Possible Short Position
Summary
Market was moving very impulsively this week. I was able to capitalize on it with a 5% profit. Looking at the chart again, it just broke out from an Ascending Channel. I will take the trade when I see a clear Bear Flag for it.
Steps to be taken
Market was moving very impulsively this week. I was able to capitalize on it with a 5% profit. Looking at the chart again, it just broke out from an Ascending Channel. I will take the trade when I see a clear Bear Flag for it.
Steps to be taken
- wait for a clear bear flag.
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