Want to update about this JPY trade, all of this trade was not in the way of my direction. I feel Lucky that i’m not agressive in this one. As I mention before in the quotation above, i will not enter immedietly in this trade and waiting for breakout. No breakout no trade
So i leave JPY pairs for a moment and more into NZDUSD and XAUUSD.
NZDUSD hit my pending order (previous post 11th of april treade plan) and now already at the trend line. so i moved my stop loss to BEP.
New trade opportunity to short, this Gold chart have high volume on downside. already formed ABC, it can still making ABCDE wave, but the chance is really low since the volume support us to go south.
I will make sell pending order in 38.2 or 61.8 retracement. will update you if my order triggered.
Good Luck and Trade Wisely