USDJPY – SPOT: Buying On Retracement Lower To Within The Range Of The Bullish Pin Bar Signal
Price Action: Price moved slightly higher from the Bullish Pin Bar Signal that had formed early last week (We suggested trading this signal in the July 7th, members' daily newsletter).
Price moved briefly higher from the recent Bullish Multi-Bar Fakey Setup that had formed over two weeks ago (We have been suggesting trading the pullback into the range of this setup since June 28th, daily newsletter).
Potential Trade Idea: We are considering buying on a retracement lower to within the range of the most recent Bullish Pin Bar Signal that had formed mid-last week (This Pin Bar formed within the range of the recent Bullish Fakey Setup, which is currently active).
Price Action: Price moved slightly higher from the Bullish Pin Bar Signal that had formed early last week (We suggested trading this signal in the July 7th, members' daily newsletter).
Price moved briefly higher from the recent Bullish Multi-Bar Fakey Setup that had formed over two weeks ago (We have been suggesting trading the pullback into the range of this setup since June 28th, daily newsletter).
Potential Trade Idea: We are considering buying on a retracement lower to within the range of the most recent Bullish Pin Bar Signal that had formed mid-last week (This Pin Bar formed within the range of the recent Bullish Fakey Setup, which is currently active).