We originally analyzed going short with multiple confirmations as most people expected USDJPY to drop forming the Right Shoulder. But price decided to fake us out by forming a inverse Head & Shoulders trapping sellers and the Fed Rate increase also fueled the fire. Took a 40 PIP loss but instead of crying about it we saw an opportunity to go long with a 2x Bottom formed on the 61.8 FIB and RSI showing a lot of momentum and with the news out it didn't take long for price to shoot up.
We now have a retest of Inverse Head & Shoulders neckline, V Pattern that also just bounced off the neckline and newly broken resistance zone! Currently up 30 PIPS and expect price to go higher. We will watch this closely Sunday night, might have another entry!
Over 240PIPS made in our group this week off of 4 Trades!
We will be releasing our Advanced 0.00% 0.00% Technical Analysis and Day Trading Strategy course soon, in the meantime...
...if your interested in deciphering our analysis and staying updated on entries join our newly made telegram group so we can grow together!
t.me/joinchat/IuIDk0CJ2d41VlpMxgCdzg
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FXLifestyle - Trade Your Future
We now have a retest of Inverse Head & Shoulders neckline, V Pattern that also just bounced off the neckline and newly broken resistance zone! Currently up 30 PIPS and expect price to go higher. We will watch this closely Sunday night, might have another entry!
Over 240PIPS made in our group this week off of 4 Trades!
We will be releasing our Advanced 0.00% 0.00% Technical Analysis and Day Trading Strategy course soon, in the meantime...
...if your interested in deciphering our analysis and staying updated on entries join our newly made telegram group so we can grow together!
t.me/joinchat/IuIDk0CJ2d41VlpMxgCdzg
Follow us on Instagram and Facebook -0.49%
#FXL_Style
FXLifestyle - Trade Your Future
