The price is consolidating in the area of the prior resistance.
106 acts as a support line. Thus, if yen continues to strengthen VS dollar we can enter the trade.
Basically, our initial stop is 126 - just above the consolidation area. However, we'll move the stop order closer during the trade. Probably, we'll be able to make one or two extra trades (in other words, we'll be able to strengthen our posiition).
I'll update the trade if the entry happens
106 acts as a support line. Thus, if yen continues to strengthen VS dollar we can enter the trade.
Basically, our initial stop is 126 - just above the consolidation area. However, we'll move the stop order closer during the trade. Probably, we'll be able to make one or two extra trades (in other words, we'll be able to strengthen our posiition).
I'll update the trade if the entry happens
Trade stängt manuellt:
Pretty good move.
I just want to wait for a pullback to re-enter the trade
I just want to wait for a pullback to re-enter the trade