pezz55
Sergeant
- Messages
- 204
USDJPY
This pair has had a huge break back to the upside.
Pushing up and grabbing liquidity, with NFP tomorrow price has been driven to an area and depending on the news out come. USD has shown some upwards retrace over the last week .
If we were to break above then there is no stopping the pair on the upwards move.
As you can see we are at the 79% on the fib level of the move and stalled, from here I will look for the market session in the morning and wait for the break of market structure from there
key entry and price action will be needed.
Make sure you use proper risk management when trading. Let me know how you get on.
This pair has had a huge break back to the upside.
Pushing up and grabbing liquidity, with NFP tomorrow price has been driven to an area and depending on the news out come. USD has shown some upwards retrace over the last week .
If we were to break above then there is no stopping the pair on the upwards move.
As you can see we are at the 79% on the fib level of the move and stalled, from here I will look for the market session in the morning and wait for the break of market structure from there
key entry and price action will be needed.
Make sure you use proper risk management when trading. Let me know how you get on.