Hi
I will leave you this beautiful setup on USDJPY before I wrap it up for the week. Great price action on the 4H - the big picture is on the daily chart where you can identify a strong impulse move to the upside.
My plan was to wait for a correction and hope it sets up nicely - which it did in my opinion.
The trade I opened is with a 1:2 RR which is a minimum value for my strategy.
Let me know what you think in the comments below.
I will leave you this beautiful setup on USDJPY before I wrap it up for the week. Great price action on the 4H - the big picture is on the daily chart where you can identify a strong impulse move to the upside.
My plan was to wait for a correction and hope it sets up nicely - which it did in my opinion.
The trade I opened is with a 1:2 RR which is a minimum value for my strategy.
Let me know what you think in the comments below.