This is an update of my previous trade which was too conservative and didn't get hit.
1,2,4H TM RSI rising, Daily TF in correction with still a bit room for going up. JPY shows strength again so there'll be some limitation, trade with care. I'm in this trade already with trailing stop. You know what the green line means. :) GL
If dollar encounter difficulties to maintain above 110.415 there'll be some deep correction happening - if it happens, it can go down to the lower end of the rising channel which could be as low as 110; I don't hold big deficit trades so my SL goes as low as 110.456 or otherwise I'll re-enter with bigger lot size to recover loss. If you want to play safe you can set your SL below 110.415. GL
1,2,4H TM RSI rising, Daily TF in correction with still a bit room for going up. JPY shows strength again so there'll be some limitation, trade with care. I'm in this trade already with trailing stop. You know what the green line means. :) GL
If dollar encounter difficulties to maintain above 110.415 there'll be some deep correction happening - if it happens, it can go down to the lower end of the rising channel which could be as low as 110; I don't hold big deficit trades so my SL goes as low as 110.456 or otherwise I'll re-enter with bigger lot size to recover loss. If you want to play safe you can set your SL below 110.415. GL
