based on double rejection of weekly level, good enough r:r ratio
USDJPY currently playing on a critical area, a bounce or break of the zone will give more clarity For now, it's a no trade for me
The market had been making higher lows as indicated on the trend support (TL) so the bias has been on taking long trades. After breaking the 0.901 resistance level we found next resistance at the 0.911 region and have been stuck in between that resistance and the 0.901 region level Our CTL was broken and due to the indecision candles on the retest a long position...
After seeing the pair rally past the 1.20000 region , it has shown signs of rejection and exhaustion at the 1.22500 area. Looking for a pullback to the 1.20000 region where we might see a bit confluence with the retest of the trend line, buys at this zone will be chasing 1.25000 area as a TP area