U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - Beanpole Trade ;-)

184
At support, ther is a chance that price holds in the SZ.
Going long if price can make it to my buy stop.

P!

...try this: mytradingcoach.teachable.com/
Note
...there we go :)
Note
No, i don't go BE - i would beg to stop me out.
Such up-thrust bars dont last long, as i mentioned a couple times.
Means, price shoots down again because "they" know where the breakout traders enter and when and where they go BE...not me, or to clarlify, no more ;-)

I know that price was stretched at the lower dashed A/R line.
This is why price behave often like rubber band - it's "flungs" back.

Stay patient, follow the plan and lean on your one stats.

P!

Learn To Earn with Action/Reaction (free4you): mytradingcoach.teachable.com/
Note
If we crack the last Bars high, i add to the position with a very small stop.

snapshot
Note
No fill on the second and in the red on the first - one of these whales must have read my comment lately §8-)
Trade closed: stop reached

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