USDJPY is approaching a key level for reversal. We have the convergence point between the parallel channel and the ascending correction. By using this, we can keep a really tight SL and get a great RR for a swing trade.
Trade Idea:
- Watch for bearish price action at the convergence zone indicated in the chart
- Risk entry on rejection, Safe entry on break of red ascending trend line
Don't miss this!
Goodluck and as always, trade safe!
Trade Idea:
- Watch for bearish price action at the convergence zone indicated in the chart
- Risk entry on rejection, Safe entry on break of red ascending trend line
Don't miss this!
Goodluck and as always, trade safe!