UJ Range Trade
Chart should be pretty clear.
Taking a Long from support here if it breaks down I don't want to be involved with the threat of the BoJ intervention which would blow out every stop.
Taking a Long from support here if it breaks down I don't want to be involved with the threat of the BoJ intervention which would blow out every stop.
Note
Entered the trade. Found a good entry.S/L is already break even since the trend is so bearish. If this wasn't the bounce I am out. A breakdown could be quiet violent.
Note
stopped out at break even luckely. Not interested in a Yen pair for now.I leave the battlefield to the brave traders and the BoJ. Good Luck :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.