See daily chart of USDJPY below for the discussion that follows.
USDJPY is making higher highs and higher lows and printed a Doji / indecision candle on support (prior resistance). I will likely go long this week if I see bullish price action, i.e. the high of the Doji is taken out.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading / financial advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
