Hmmm. Interesting that price is still ranging within this channel. But I think that a potential bullish crossover is about to happen, depending on where this next candle closes.
Although I already wanna get in, I think it would be best to wait it out and see how this latest candle does. I hope I can resist the urge to get in already.
Huge green candle on the USDJPY 4H chart. But just like the euro, It’s still a bit too early to tell. When I checked out the hourly, it’s also looking bullish, and I’m thinking if I can get in on a quick trade for this pair.
If I get in on this pair, I’m planning to open a long trade and set my TP @155.123 and my SL around this dashed line area @ 153.477. I’m gonna observe the hourly for a few more minutes before making a decision. Anyone in on this trade?
I opened a long position for USDJPY with this TP and SL. I’ll be here monitoring how it does for the next couple of hours. May the pips be in our favor!