USDJPY forming broadening bottom
Aggiornato
I am waiting for UJ to kick back down to the lower trendline before reversing its course toward the upper trendline. Waiting for touch and bounce back before longing the pair. (look at the red arrows for trade set up)
Another possibility is that price might do a partial decline and bounce off the supporting line and just shoots up. (the blue dotted arrows)
Another possibility is that price might do a partial decline and bounce off the supporting line and just shoots up. (the blue dotted arrows)
Trade attivo
Price hit the buy limit, in profitTrade chiuso: stop raggiunto
USDJPY took an unexpected turn to the downside due to weakening US dollar. Looking for another entry.
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