Dolar A.S. / Yen Jepun
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USDJPY BEARISH CONTINUATION

63
I predict price will test rectangular support for the 3rd large impulse before it breaks out of daily trend resistance
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Closed in profit
Nota
(For my journal) Again, price continued to break through that support and as the indicator suggests, a higher low created on the RSI, whereas a lower low being made in the market.- BULLISH DIVERGENCE. If I had placed a trendline on the lows. I would've been able to go long and catch the break of the daily trend resistance.

Furthermore, I drew a line showing when I thought price would tests support and break through, but I believe I drew that line as price was still playing out, so I should've just waited until the 3rd impulse down, created an opportunity for me to go long.

But overall a good trade & still profited so I'm not complaining.

Penafian

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