USDJPY
Monday During market open I opened a SELL trade here after price failed to break 109.684 level multiple times. Which gave me a sell position.
My trail stop loss was hit with closing with profit. When price was pulling back up to 108.763 level.
But this still looks like it going to continue to move down after breaking an up trend in a daily chart and close below it. After a great momentum behind it.
The lower time frames price action tells me that the price has a high probability to continue move down.
I will be looking forward to sell this pair when market opens. If Opportunity presents itself.
Otherwise I will be sitting and waiting for an opportunity to enter.
Trade What You See Not What You Think.
Please Like, Follow and get Notified every time I post.
My trail stop loss was hit with closing with profit. When price was pulling back up to 108.763 level.
But this still looks like it going to continue to move down after breaking an up trend in a daily chart and close below it. After a great momentum behind it.
The lower time frames price action tells me that the price has a high probability to continue move down.
I will be looking forward to sell this pair when market opens. If Opportunity presents itself.
Otherwise I will be sitting and waiting for an opportunity to enter.
Trade What You See Not What You Think.
Please Like, Follow and get Notified every time I post.
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