My Technical USDJPY setup into FOMC:
•I'm banking on an initial bullish reaction into the 117.800 old resistance area, and then a sell-off to the bottom of the range (~116.500).
•If it just drops, then maybe I can catch the break and retest of 117.300 current intraday support.
•I'm banking on an initial bullish reaction into the 117.800 old resistance area, and then a sell-off to the bottom of the range (~116.500).
•If it just drops, then maybe I can catch the break and retest of 117.300 current intraday support.
Trade active
By way of Sell Limit.Trade closed: target reached
Accuracy was on point. Good Short.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.
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.