USD JPY stuck in triangle ..
High probability will break upward ...
will open my trade when it close outside the triangle .. 1 st TP point will be marked .
when it crosses blue line then open 2 order and 2 Tp point around 113.075 as marked in graph
going below very less chance ... as two strong trend line mating at this area . . confirmation of 38.2 reveral area also
the region below is light resistance prone ... :)
will be putting stop 112.044 for 1st TP 2nd tp stop would be below the break out area
can go below the triangle around 112.200 there is a strong trend will bounce form there ..
happy trading :)
i am p[laying conservative approach ... accumulating smal small pips ... enjoy have fun
High probability will break upward ...
will open my trade when it close outside the triangle .. 1 st TP point will be marked .
when it crosses blue line then open 2 order and 2 Tp point around 113.075 as marked in graph
going below very less chance ... as two strong trend line mating at this area . . confirmation of 38.2 reveral area also
the region below is light resistance prone ... :)
will be putting stop 112.044 for 1st TP 2nd tp stop would be below the break out area
can go below the triangle around 112.200 there is a strong trend will bounce form there ..
happy trading :)
i am p[laying conservative approach ... accumulating smal small pips ... enjoy have fun