Do you want to fill your Pocket...? use ALARM on USDJPY
- Break-Down Alarm:106.967
- Break-Up Alarm: 107.876
Let's think about this logically :-
A break out requires a surge of 1.5x volume than average volume.
Too much surged volume, would force prices higher/lower quickly, so great care is taken. Put the Alert point of price rotation.
The Price will go away too far from Price Rotation after the breakout.
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Remember => "After greed comes fear – again!"
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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.