Japanese yen weakened around 1,5% against USD yesterday and i think it should continue it's trend...
...jumping in now would be fomo, so it's better to wait for better prices (which we might not get).
Joining bulls from 110.65-111.05 price zone with 113.00 T/P provides decent R:R.
Keep in mind that this idea might be realized in several days and opening long position in USDJPY results positive swap.
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...jumping in now would be fomo, so it's better to wait for better prices (which we might not get).
Joining bulls from 110.65-111.05 price zone with 113.00 T/P provides decent R:R.
Keep in mind that this idea might be realized in several days and opening long position in USDJPY results positive swap.
//
Feel free to share your opinion/position via comment and follow me to stay updated.
Trade chiuso: stop raggiunto