Market rally after break and retest of previous resistance becoming support
nice engulfing candlestick at zone
did not enter on initial wick rejection as price has not moved away from resistance zone
waiting on market to retrace to support
alert set at 132 yen
once price pullback, and starts rejecting zone (south wick) I will enter bullish
stop loss below structure or 50 MA
take profit 3x risk or future potential resistance
nice engulfing candlestick at zone
did not enter on initial wick rejection as price has not moved away from resistance zone
waiting on market to retrace to support
alert set at 132 yen
once price pullback, and starts rejecting zone (south wick) I will enter bullish
stop loss below structure or 50 MA
take profit 3x risk or future potential resistance
Idea Berkaitan
USDJPY
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