USDJPY Analysis of 05.04.2022

Very interesting accumulation phase, even if you have to pay attention to ...

The first rule to respect in an accumulation phase is to monitor the break-outs, it does not matter if we expected one direction rather than the other, if it breaks the range you have to follow the price.

We were with a canonical bearish predisposition because the denial of the bullish flag had led us to think that it would go down and yet a lot, but no, it continues to accumulate.

We place 2 pending orders at the buy-stop and sell-stop break-out.


0 comments

Leave a comment

Placeholder for the avatar
Do you want to earn?We offer you 10% on every sale

Don't miss this opportunity, you just have to generate your affiliate link and share it.

cTrader Guru