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ferranfontSCALP
28. Aug. 2016 08:22

USDJPY LONG ENTRY AFTER BREAKOUT Long

U.S. Dollar/Japanese YenFXCM

Beschreibung

After the climatic action on June 23th, price action has been trading in a Range , despite this is typical of AcumulationDistribution.
I would rather consider this a Random Walk because I was expect for a turn in price on the June 23th (fundamentals of BoJ).

Down momentun and disipation of price action is explaining me all this Trading Range. AFTER THAT , WE WOULD LIKE TO BE LONG BY THE TIME THE PRICE WOULD BREAKOUT THE CREEK UP.

Unfortunately, Creek will not be cross at first attempt, but here we are !

First Target is the LongTerm trend White trend line.
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