Here is my idea for USDJPY sell on M15. TP target is around 150.210
1. Trade pullback ? >>> let price get back to POI for entry with sl above POI (offers good R:R) >>> follow the lower high lower lows pattern >>> exit on price switching to higher low 2. Conservative Trade ? >>> wait for the price to get a DISCOUNTED ZONE (fib 0.5 from recent swing low to high) >>> long on swing making higher low and higher high (avoid...
In Daily and Weekly, TF shows weakness, so every bounce is a shoring opportunity. There are two resistance on the chart in 4Hr TF, as marked in the chart. The strong support zone near 138.500-139.200.
FX:USDJPY A Good Consolidation flag breakout has seen in USDJPY, if it gives breakout and retest then take entry. plan your trade accordingly and manage your risk to reward ratio.