Looking at a bull flag on the daily to long USDJPY. Dollar strength has good correlation against the other pairs. RSI is tightening with flag pattern.
My entry would be above the previous swing high and stop below the previous swing low. Profit would be just before next level of resistance @ 117.45.
If you were to enter this trade, where would you place your entry, stop, and target?
Cheers
My entry would be above the previous swing high and stop below the previous swing low. Profit would be just before next level of resistance @ 117.45.
If you were to enter this trade, where would you place your entry, stop, and target?
Cheers