USDJPY - Another Push To Fresh High! Here's My View.
Hi Traders. If you've been following my analysis, I've been talking about some short-term quick short setups, and most of them actually succeed, mainly was because of the flexibility we had, and I clearly knew that If I'm looking to go against this kind of strong trend, I need to set my expectation clear.
So yesterday after the CPI released, price had a bit of correction, but ultimately now price is again breaking through fresh territories.
In this kind of market condition, I'd choose to be very neutral, not much opinion on this.
If you're still looking for short opportunities, make sure you have a realistic expectation, and make sure you have multiple confirmations lining up prior to clicking that sell button.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
So yesterday after the CPI released, price had a bit of correction, but ultimately now price is again breaking through fresh territories.
In this kind of market condition, I'd choose to be very neutral, not much opinion on this.
If you're still looking for short opportunities, make sure you have a realistic expectation, and make sure you have multiple confirmations lining up prior to clicking that sell button.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
