Little update for my yesterday's trading plan on USDJPY. The price keeps growing and being within a strong daily supply zone I am still looking for shorting opportunities.
Since yesterday, the price set a new higher low, making me adjust the previously drawn channel.
Our plan remains the same: we need to see a bearish breakout of a rising channel to confirm a coming bearish move. The impulse must initiate strictly from the red supply area. In case of its bullish violation, the setup will become invalid.
Closest key support - 109.6
❤️Please, support this idea with a like and comment!❤️
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.