UPDATE ON SUNDAY SESSIONS ANALYSIS
USD/JPY 30M - As you can see the Sunday Sessions analysis that was performed has gone on to play out exactly as predicted. If you remember in the video I spoke about wanting to see price break structure to the downside initially and marked out the low.
Once price broke structure I wanted to see price pullback trading into a relevant area of Supply before taking the next impulse to the downside, price has done exactly that, as you can see price has followed that exact path.
This trade ran and took profit + 125 pips. (+ 6%) 6RR
We saw price trade up and into the gap that was left over from the open back on Sunday evening, this is something that will typically happen should there be a gap left in the market.
Price clearly traded up and into this broke lower after the penetration and offered us an area to enter from when it pulled back fractally. Having our SL above the zone and our TP above the last higher timeframe low allowed us to profit well.
Once price broke structure I wanted to see price pullback trading into a relevant area of Supply before taking the next impulse to the downside, price has done exactly that, as you can see price has followed that exact path.
This trade ran and took profit + 125 pips. (+ 6%) 6RR
We saw price trade up and into the gap that was left over from the open back on Sunday evening, this is something that will typically happen should there be a gap left in the market.
Price clearly traded up and into this broke lower after the penetration and offered us an area to enter from when it pulled back fractally. Having our SL above the zone and our TP above the last higher timeframe low allowed us to profit well.
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