Hello everyone, if you like the idea, do not forget to support with a like and follow.
USDJPY is overall bullish however it is approaching a strong resistance area 125 -127
As per my trading style:
I will be looking for bearish reversal setups on lower timeframes (like a double top pattern, trendline break , and so on...)
Unless the resistance zone is broken upward, then our next resistance would be 135
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDJPY is overall bullish however it is approaching a strong resistance area 125 -127
As per my trading style:
I will be looking for bearish reversal setups on lower timeframes (like a double top pattern, trendline break , and so on...)
Unless the resistance zone is broken upward, then our next resistance would be 135
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
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www.RichTL.com
for 50% discount use coupon: BD2024
Instagram:
www.instagram.com/richthesignalyst
Telegram:
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal