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USDJPY: Multiple Inside Bar Breakout

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USDJPY – SPOT: Bullish Multiple Inside Bar Breakout

Price Action: Price moved higher from the Bullish Multiple Inside Bar + Ultra-small Pin Bar (Combo Setup) that had formed late last week (We suggested trading this setup in the May 29th, weekly newsletter, and hopefully some traders got on board).

Price moved slightly higher (as of this writing) from the recent Bullish Multi-Bar Fakey Setup that had formed early last week, (We suggested trading this setup in May 26th, members' daily newsletter).

Potential Trade Idea: We are considering buying on a retracement lower to within the range of the prior Bullish Multiple Inside Bar + Ultra-small Pin Bar (Combo Setup).

Penafian

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