As a result, USDJPY increased about 0.18% in the past week.
And almost 5 times bigger decrease (-1.11%) has happend as well.(measured from the top)
It seems like It won't suggest which direction that I should trade.
But Let's make it simple!
If you are on trade whatever BUY/SELL right now, Just make sure to remind and pay attention to those 2 key prices.
1, 135.876(1h Pull High)
2,134.268(Current Low)
If you're a "SHORTER" (including myself) who will be able to keep the position until it breaks the 135.876.
Breaking that rate means It turned to bullish market. so I should close the short positon immidiately.
If you're a "LONGER" then please pay attention to 134.268.
USDJPY marekt turns to even more bearish once it breaks below 134.268.
On the other hand, If the market won't break the prices that I showed means you also do counter trade if you want.
And almost 5 times bigger decrease (-1.11%) has happend as well.(measured from the top)
It seems like It won't suggest which direction that I should trade.
But Let's make it simple!
If you are on trade whatever BUY/SELL right now, Just make sure to remind and pay attention to those 2 key prices.
1, 135.876(1h Pull High)
2,134.268(Current Low)
If you're a "SHORTER" (including myself) who will be able to keep the position until it breaks the 135.876.
Breaking that rate means It turned to bullish market. so I should close the short positon immidiately.
If you're a "LONGER" then please pay attention to 134.268.
USDJPY marekt turns to even more bearish once it breaks below 134.268.
On the other hand, If the market won't break the prices that I showed means you also do counter trade if you want.