Long on USDJPY based on previous trade idea
Refer my first trade idea for the full picture.
1.Price has broken swing highs
2. Points of Interest (POI)/Demand zones that sponsored the breaks have been marked.
3.based on how price approaches and reacts to the POI, longs can be taken.
Trade Plan:
On lower time frames where structure is clearly discernable, we wait for a break of market structure to the upside and enter on the rectracement.
1.Price has broken swing highs
2. Points of Interest (POI)/Demand zones that sponsored the breaks have been marked.
3.based on how price approaches and reacts to the POI, longs can be taken.
Trade Plan:
On lower time frames where structure is clearly discernable, we wait for a break of market structure to the upside and enter on the rectracement.
Trade active:
Price has tapped first zone
Trade closed manually:
1st target hit. Full volume taken off