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USD/JPY Flag Pattern Trade Analysis by Tawhid Anam is a document available to read on EtoBox.

What is USD/JPY Flag Pattern Trade Analysis about?

- A flag pattern was emerging on the USD/JPY 240 chart, with the next technical resistance level around 110.410. The pitchfork trend was also still intact. - The trader looked to enter long at the demand zone, adding size where price consolidated with buyer support. Profit targets were set at upcoming technical levels, with the stop adjusted behind pockets of buyers as the trade progressed. - The trader learned holidays may not impact technical patterns and trades as much as initially thought. Patterns

Author

Tawhid Anam

Language

EN