USDJPY LONG FORECAST Q2 W15 D11 Y25
Happy Friday Traders, It has been a week of sitting on capital. Being cautious, awaiting for breaks of structures at key areas and not not getting dragged into trades that do not fully present themselves. The clues have been there. The carrot has been continually dangled however as risk managers... You know how the saying goes.
We stay true to our trading plan.
We hold firm with what we know works.
We are aware of our market edge.
We know our "perfect" set up does present itself.
with that said, we are dynamic! We do of course entertain the "Imperfect" setup. We simply approach with caution.
A slightly different take. Can we snap the lows of Tokyo in the London session. Tap into the 4 hour order block, push bullish to break Lower time frame structure?
A quick setup with a take profit area where FRGNT anticipates a potential turn around in price short.
Lets see how it plays !
Trade well.
FRGNT X
Trade active
USDJPY LONG POSITION FORECAST UPDATE Q2 W15 D11 Y25
Good Friday to you, Traders!
Take a look at this morning analysis!
As per the morning brief, we await the price action to come to us.
-Awaiting the weekly order block rejection. Aligning with rejection of the 4 hour order block.
-Await of break of structure on the 15'.
-Have it confirmed with a break of structure on a lower time frame. Be it the 5' or 1'.
FRGNT, is current risk off the position and look forward to banking fun coupons on Friday as per the plan.
Happy weekend.
See you Sunday for a breakdown of all pairs.
Until then.
FRGNT X
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.