Simple trade utilizing the keltner indicator. USD/JPY might be in an ABC correction and we will try to profit the best we can from it.
Don't forget to follow and like the charts!
Good luck trading!
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Update:
Nice daily candle to the downside and everybody should be in profit. MACD shifted from being straight up positive into now looking for doing a cross.
Aroon indicates that bullish movement is slowing getting weaker. That serves in our favor.
There might be a few bullish candles to the upside because we are now at a weak support level, do not be surprised if it happens, that will not change anything.
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Nice daily candle to the downside and everybody should be in profit. MACD shifted from being straight up positive into now looking for doing a cross.
Aroon indicates that bullish movement is slowing getting weaker. That serves in our favor.
There might be a few bullish candles to the upside because we are now at a weak support level, do not be surprised if it happens, that will not change anything.