I always like to stay with the BIAS of the overall Market Structure. In this current scenario of USD VS JPY. Overall major bias is Bearish. And I want to stay with this bias from the marked retracement. And my target is 109.800. If this level also breaks in future then 106.000 will be the next one. Overall context as well as Bias bearish.
In alternate scenario if marked zone is taken then my bias will be changed and target will be the next resistance depending on that time. But I repeat I am with the overall bias.
Happy trading.. Hit a like if you agree.
In alternate scenario if marked zone is taken then my bias will be changed and target will be the next resistance depending on that time. But I repeat I am with the overall bias.
Happy trading.. Hit a like if you agree.