Hi Traders. USDJPY again surprised me, broke through all-time-high, was expecting some of the previous daily resistance structure to hold, but price decided to again just run through.
Because of this, I really wouldn't really to bet on aggressive shorts, and I will be playing rather conservatively.
If you're looking for some short-term selling opportunities, probably a failure re-test at 137.30?
But if you notice that the momentum just never fade, then its probably a good choice to not go short but follow the trend instead.
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.
Because of this, I really wouldn't really to bet on aggressive shorts, and I will be playing rather conservatively.
If you're looking for some short-term selling opportunities, probably a failure re-test at 137.30?
But if you notice that the momentum just never fade, then its probably a good choice to not go short but follow the trend instead.
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.
