USD/JPY counter trend trade

2016년 4월 11일

The U/J made already a long move down and I am anticipating a correction move coming soon.
If the downtrend line on 1H basis can be broken by price, I would wait for a retest of that trend line and if successful enter long.

2016년 4월 12일

노트

Price actually broke the 1H Trendline and gave a nice Long entry on the retest.
Since the overall trend is down I would exit the position soon or move the stop very close.