Scalping trade
USDJPY LONG
ENTRY 149.894
SL 149.70
TP 150.09 ,150.25 AND 150.30
We are observing a trend-following trade. After breaking the daily resistance, the market has made a new high and is now retesting the previous resistance, which is now our support.
On the 15-minute chart, the market has formed a double bottom, and the pattern’s neckline has already been broken upwards. We will look for a trade at the retest