USDJPY – SPOT: Buying On A Retracement Within The Range Of Recent Inside Bar Breakout
Price Action: Price formed an Inside Bar Pattern late last week (We are not considering trading this pattern).
Price exploded higher from the Inside Bar Pattern that had formed early last week (We suggested buying on a breakout of this pattern in the July 13th, members' daily newsletter).
Price exploded higher from the Bullish Pin Bar Signal that had formed on Wednesday July 6th (We suggested trading this signal in the July 7th daily newsletter).
Price moved higher from the recent Bullish Multi-Bar Fakey Setup that had formed on Thursday June 23rd (We have been suggesting trading the pullback into the range of this setup since June 30th daily newsletter and hopefully some traders got on board).
Potential Trade Idea 1: We are considering buying on a retracement lower to within the range of the recent Inside Bar Breakout that occurred early last week.
Potential Trade Idea 2: We are considering buying on a retracement lower to within the range of the recent Bullish Multi-Bar Fakey Setup that had formed on Thursday June 23rd.
Price Action: Price formed an Inside Bar Pattern late last week (We are not considering trading this pattern).
Price exploded higher from the Inside Bar Pattern that had formed early last week (We suggested buying on a breakout of this pattern in the July 13th, members' daily newsletter).
Price exploded higher from the Bullish Pin Bar Signal that had formed on Wednesday July 6th (We suggested trading this signal in the July 7th daily newsletter).
Price moved higher from the recent Bullish Multi-Bar Fakey Setup that had formed on Thursday June 23rd (We have been suggesting trading the pullback into the range of this setup since June 30th daily newsletter and hopefully some traders got on board).
Potential Trade Idea 1: We are considering buying on a retracement lower to within the range of the recent Inside Bar Breakout that occurred early last week.
Potential Trade Idea 2: We are considering buying on a retracement lower to within the range of the recent Bullish Multi-Bar Fakey Setup that had formed on Thursday June 23rd.