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USDJPY Short based on trend?
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USDJPY Short based on trend?
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2021年7月16日
4
2021年7月16日
We've seen a recovery to the 'new' trend line at the top of the new lower low?
Also note the possible reversal at the head and shoulders. We pushed back up the the neck line and now on a second up before the short.
grabbed my entry at
110.280 short.
I set stop to 110.490
I think it will descend to 109.67 as the next lower low so we'll pull our profit there.
Let me know what you think?
Relatively new trader so please don't take my word as gospel :)
Head and Shoulders
Support and Resistance
Trend Lines
USDJPY
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