USDJPY: BALANCED MARKET

SHORT TERM STRATEGY
Trade Within The Box= Buy Low, Sell High = Scalp

LONG TERM STRATEGY
Box BO and Trade to 124 or 118, depending


I will update with time
SimpleFX. Less Is More @ MooreKapital

Kommentera:

Cat out of box ;)
USDJPY, my attention next

Kommentera:

Now that we're out of the box , I think that PB testing of box top for support is the ideal thing.
The basic tenets of Technical analysis: SUPPORT & RESISTANCE.

Now, when that is done, I see 125 as the ultimate target. But 124 first

Kommentera:

imagine price, a ferromagnetic substance, AND 124-125 A MAGNETIC FIELD ;)