USDJPY Short? Patience is key here
Updated
Yes, price reached the white Center-Line, which means: Price is at balance.
And yes, price is at the red U-MLH, which means: price is stretched.
Two good indications that a potential breather is lurking in the throat. But I'd better wait for more evidence. More momentum to the south.
Not stalking yet, but observing on the lower time frame too.
And yes, price is at the red U-MLH, which means: price is stretched.
Two good indications that a potential breather is lurking in the throat. But I'd better wait for more evidence. More momentum to the south.
Not stalking yet, but observing on the lower time frame too.
Trade active
Rejected from the CL this is the trigger to short:
Note
At the 1/4 line, there's support in sight.
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