UJ Range Trade

Chart should be pretty clear.
Taking a Long from support here if it breaks down I don't want to be involved with the threat of the BoJ intervention which would blow out every stop.

Kommentar:

Entered the trade. Found a good entry.

S/L is already break even since the trend is so bearish. If this wasn't the bounce I am out. A breakdown could be quiet violent.

Kommentar:

stopped out at break even luckely. Not interested in a Yen pair for now.

I leave the battlefield to the brave traders and the BoJ. Good Luck :)