Simple trade utilizing the keltner indicator. USD/JPY might be in an ABC correction and we will try to profit the best we can from it.
Don't forget to follow and like the charts!
Good luck trading!
Kommentera:
Update:
Nice daily candle to the downside and everybody should be in profit. MACD shifted from being straight up positive into now looking for doing a cross.
Aroon indicates that bullish movement is slowing getting weaker. That serves in our favor.
There might be a few bullish candles to the upside because we are now at a weak support level, do not be surprised if it happens, that will not change anything.
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Nice daily candle to the downside and everybody should be in profit. MACD shifted from being straight up positive into now looking for doing a cross.
Aroon indicates that bullish movement is slowing getting weaker. That serves in our favor.
There might be a few bullish candles to the upside because we are now at a weak support level, do not be surprised if it happens, that will not change anything.