This is a follow up trade from my last USDJPY setup:
-Bullish trend within a wedge. Looking to retest lower ascending trendline for a long position.
-1H trendline break, looking for a pullback to retest the trendline.
-Golden pocket with our 0.618 retracement level on lower time frames.
-Respectable support area outlined in grey, hence why the SL is higher than usual
-Bullish trend within a wedge. Looking to retest lower ascending trendline for a long position.
-1H trendline break, looking for a pullback to retest the trendline.
-Golden pocket with our 0.618 retracement level on lower time frames.
-Respectable support area outlined in grey, hence why the SL is higher than usual
