Besides price action on charts, trend lines should be a close second in priorities to put on charts.
On both noted USDJPY 15 minute chart attached note trend lines on chart in pink lines & RSI brown lines. This is how to simplify trading, instead of making it complex. Trading, if done right should not be difficult & low stress. Keep in mind that trends need to have at least two points minimum or more of either higher highs or lower lows to connect.
When you see either flags, pendent or other chart patterns developing in front of your eyes, connect trend lines, they can foretell you when break outs will occur, which are safe places for entries into new trades.
Related to USDJPY 15 minute attached chart: for last two hours red or down candlesticks, per purple support line still room to go down more for first couple of hours. Always trade with current trend, puts or bears own this pair now.
On both noted USDJPY 15 minute chart attached note trend lines on chart in pink lines & RSI brown lines. This is how to simplify trading, instead of making it complex. Trading, if done right should not be difficult & low stress. Keep in mind that trends need to have at least two points minimum or more of either higher highs or lower lows to connect.
When you see either flags, pendent or other chart patterns developing in front of your eyes, connect trend lines, they can foretell you when break outs will occur, which are safe places for entries into new trades.
Related to USDJPY 15 minute attached chart: for last two hours red or down candlesticks, per purple support line still room to go down more for first couple of hours. Always trade with current trend, puts or bears own this pair now.