USD / JPN / YEN
Dollar YEN Trade seems to be trading at resistance, looks like Yen is gaining strenght, but it is going through some confluence here. Both long and short trades are in fact present.
If you use the MA 50/200 inverse, it looks like we are here to get liquidity to continue for a short.
Invalidation two both sides happens when we go through resistance or support for confirmation.
( I KNOW, LONG OR SHORT, BUT FOR THIS TRADE, BETTER TO OBSERVE AND WAIT FOR FULL CONFIRMATION.)
If you use the MA 50/200 inverse, it looks like we are here to get liquidity to continue for a short.
Invalidation two both sides happens when we go through resistance or support for confirmation.
( I KNOW, LONG OR SHORT, BUT FOR THIS TRADE, BETTER TO OBSERVE AND WAIT FOR FULL CONFIRMATION.)
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