with the dollar looking too loose some strength this week and how horrily weak the jpy pairs have been, it makes sense we see a Correction with the USD/JPY pair
looking to enter shorst at this bos area we have a clean retest and rejection from
also as shown in the image we can see clearly we had a Backtest retest rejection of the DBL trend now this would have been the idea sniper entry, but ill take BOS and cho ch at this point
bos = break of structure
ch o ch = change of character
looking to enter shorst at this bos area we have a clean retest and rejection from
also as shown in the image we can see clearly we had a Backtest retest rejection of the DBL trend now this would have been the idea sniper entry, but ill take BOS and cho ch at this point
bos = break of structure
ch o ch = change of character
Note
move stops to Stop/Profit of +75 pips and we can mark this trade is a WIN!!Trade closed: target reached
Christopher Germond @therealbinarymaster
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.
Christopher Germond @therealbinarymaster
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.