See daily chart of USDJPY below for the discussion that follows.
USDJPY is close to / testing support (prior resistance). Should I see bullish price action / candles (as per my strategy) in this area, this will be confirmation for me to consider going long.
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.