USDJPY is currently in a triangle flagpole pattern on both the 4HR and the 1HR Timeframe.
Waiting for it to break the pattern. I placed both buy & sell setups if it breaks to either the upside or the downside.
USDJPY Market Structure is in a downtrend on the Daily timeframe so I'm looking for sell entries.
REMINDER: ALWAYS TAKE PROFIT/PARTIAL PROFIT AT TP1. Price majority of the time will retrace/pullback to the Supply & Demand area (Rectangle Box).
If you have any questions, ideas or concerns, feel free to message me.
Waiting for it to break the pattern. I placed both buy & sell setups if it breaks to either the upside or the downside.
USDJPY Market Structure is in a downtrend on the Daily timeframe so I'm looking for sell entries.
REMINDER: ALWAYS TAKE PROFIT/PARTIAL PROFIT AT TP1. Price majority of the time will retrace/pullback to the Supply & Demand area (Rectangle Box).
If you have any questions, ideas or concerns, feel free to message me.