USDJPY Long Trade Setup
Hello Traders
It made a new low and bounced back. So the last bottom can be the end of the bigger correction and we can have an amazing upward impulse. That being said, a running flat under the orange trendline seems more likely. I'm planning to take a trade and hedge around the trendline. Then I'll wait for the next structure. I placed a pending order, but if I see a better setup after the correction, I'll take it.
Trade with care.
Bulent
It made a new low and bounced back. So the last bottom can be the end of the bigger correction and we can have an amazing upward impulse. That being said, a running flat under the orange trendline seems more likely. I'm planning to take a trade and hedge around the trendline. Then I'll wait for the next structure. I placed a pending order, but if I see a better setup after the correction, I'll take it.
Trade with care.
Bulent
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.