Whats up everyone? This is a quick update about my trade from yesterday.
We are looking at the USDJPY pair on the 4h timeframe. We saw a massive bullish trap on yesterdays trading close.
We are short from the top, where the trap happened. Our first position also was stopped out. Price did break old highs within an hour although no news were happening.
Came back all the way down and obviously even lower within a short time period.
Imagine how much stops and orders were laying above those highs. Imagine how much money was made...
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