USDJPY-Weekly Market Analysis-Jun19,Wk2

Jun 8, 2019

Deep Crab setup is already validated by the market, right now a retest of an entry gives many of us, including myself a chance to engage the trade?

What's your plan for this pair?
For me is simple, on the 1-hourly chart, I'll wait for a double bottom to engage this trade.

If the market appreciates from here, I will look for shorting opportunity for the bearish shark completion at Point D.

Jun 10, 2019

Note

A double bottom didn't occur, not to panic but will wait for the next opportunity to engage the trade.