There are two key thinks happening here.
1. USDJPY breaches a 15-minute uptrend as indicated by the trendline.
2. After this breach, price is held resisted at approximately the 107.26 level.
I am currently in this trade. May close out earlier than my actual TP level set on chart.
1. USDJPY breaches a 15-minute uptrend as indicated by the trendline.
2. After this breach, price is held resisted at approximately the 107.26 level.
I am currently in this trade. May close out earlier than my actual TP level set on chart.
Trade closed manually
Trade closed as we price tested a demand zone
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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.