The USD/JPY pair's 14 period regression line has crossed the 30 period in a pro-trend (90 period regression line) direction, setting up a low risk long opportunity on today's backtest. As usual, this trade is void upon a reversal of the trend, so we put our stop loss at 109.860.
Order cancelled
Note
FOMC reversed all the USD pairs.
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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.