USDJPY - Going with the flow

2019년 7월 22일

UJ has been on a steady downtrend while consistently respecting both trend lines.

Because of the confirmed rejection of both, we should be able to see the pair continue to push down to new lows.

The entry was a little late, but still has a decent Reward/Risk ratio.

2019년 7월 23일

거래청산: 스탑 닿음

The market seems to actually be making a head and shoulders pattern, where the shoulders are between the 100% and just below the 61.8% retracement levels.