Sell for USDJPY
Gross Domestic Product (GDP) high impact report for USD was bearish. Looking at correlated currency pairs for USD too, all told me to sell USD pairs, I chosen to sell USDJPY as it was in seller's territory after seeing the buyers die out. Took at entry, with SL at its recent high, TP as much as the SL with a RR of 1:1.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.