Dollar is showing strength against Japanese Yen. Even though it hasn’t broken out the Trading Range yet, the accumulation and the recent uptrend shows some sign of strength. A visit to the Demand OB shall provide the fuel for the next bull trend.
Entry: 108.1
SL: 106.9
TP-1: 109.9
TP-2: 110.9
TP-3: 112.4
R/R: 3.58
Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.
The ideas published here are not financial advices.