USDJPY pair in the H1 timeframe. Price is in a clear down trend.
Price moved down from the pivot point and crossed the S3 zone. After crossing the S3, price created a bullish exhaustion candle.
At the close of this candle, I entered for a long position. After staying at the level for 3 hours, the price started to move in my direction and rewarded me with some handful of pips. As I was not able to follow the trade, I've closed it with a TP at 35 pips. It had a full swing of >60 pips.
I've followed Pro Trading Strategy by Navin.
Happy Trading!!!
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Tuesday 29 August 2017
USDJPY is going towards the daily pivot
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# Pro Trading
# usd/JPY
# USDJPY
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