USDJPY pair just made a clear hourly closing above R 1 in an overall bullish trend on 4 hourly and daily charts. I am in therefore with a BUY call. I entered above R 1 keeping my stop loss just below R 1.
Kommentera:
A mistake. R 1,2,3 are actually supports S 1,2,3.
Kommentera:
In this post each R stands for support and each S stands for resistance.