9/7 Dollar-Yen and Gold Trade Analysis
First, USD/JPY
Last week the yen strengthened by 4 yen, surprising, but from a chart perspective it was a very straightforward move.
It broke the 158 yen neckline, so I shorted without hesitation, 140 pips profit—profit-taking was fast, wasn't it?
Usually I wait for a retest, but sometimes you need to trade wholeheartedly!