USDJPY high probability setup
Updated
Scenario #1
After yesterday strong bearish engulfing, that engulfed 2 daily candle before.
Today, the market try to retrace and might be testing the key resistance.
if bounce or cannot break the resistance or daily candle closed below this level,
we go short with target to the key support.
Scenario #2
If the daily candle break the resistance...
we will wait and see for a
retrace, confirmation, continuation and possible long.
After yesterday strong bearish engulfing, that engulfed 2 daily candle before.
Today, the market try to retrace and might be testing the key resistance.
if bounce or cannot break the resistance or daily candle closed below this level,
we go short with target to the key support.
Scenario #2
If the daily candle break the resistance...
we will wait and see for a
retrace, confirmation, continuation and possible long.
Trade active
scenario #1 is ON.yesterday daily candle close below the resistance.
but today, the price is trying so hard to break the key level resistance,
Comment
today, the price try to break the 104 level..but fail.
so, scenario #1 is still ON!
Comment
its happening :) hoorayComment
Yesterday, my trade was activated with scenario #1Lets see where its going
Comment
ups..Comment
bear and bull still fighting on the key level resistance...Comment
yesterday, bear win the fight..price break again the key resistance...
Comment
consolidating on the key resistance...Comment
many traders was trap to go long...today.. bear might win the day..
Comment
another consolidationTrade closed: stop reached
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