USDJPY
is currently in a daily bull flag. Overnight price rejected not only a zone, but also the bottom of the flag. Since then we have witnessed a candle close which is backing our analysis. The flag has been respected very nicely, so hopefully this trade will pay off. I am currently in two positions as I am also expecting
USDJPY
to break out of the top of the flag and push to a higher zone. If you wish to follow and enter both positions, please make sure you risk accordingly, if analysis is broken our combined loss will be 120 pips providing two trades are entered. Trades are taken at your own risk, I am not a financial advisor.
Comment:
SL made entry.
Comment:
First TP hit.
