See daily chart of USDJPY below for the discussion that follows.
USDJPY has been making higher lows and higher highs over the last couple of weeks…suggesting that more upside is possible. If price retraces to support (previous resistance), I will look to go long if I see price action / candles as per my strategy.
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 advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.
Trading SOS SOS