After an amazingly bullish week in USDJPY we could look see a retracement back down to the dynamic support level before another rise.
Using my adopted shadow trendline technique I was able to identify the different bounce points in the bullish channel.
I would not take this trade purely because it is a short in a bullish market however, advanced traders should have no problem executing this trade.
Using my adopted shadow trendline technique I was able to identify the different bounce points in the bullish channel.
I would not take this trade purely because it is a short in a bullish market however, advanced traders should have no problem executing this trade.