PULEMokhothu

USDJPY 108.739 - 0.08 % LONG IDEA * PRICE & CONTINUATION PTTNS

Lång
FX:USDJPY   USA-dollar/Japansk yen
Hey everyone

Here's a look at the DOLLAR / YEN hope everyone is having a good one.

* The pair has been on a bullish rally with some strong momentum looking like its currently building a bull flag which could possibly be signallying
continuation with the bulls.
* A look at the MONTHLY chart shows a break above the descending triangle which has seen a range for a while a break above BULL are in
control.
* will be watching price for continuation to the upside, a break above of structure is a trigger among other things.

* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL

lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

_________________________________________________________________________________________________________________________

ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

__________________________________________________________________________________________________________________________


If this idea helps with your trading plan kindly leave a like definitely appreciate it.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.