JPY - But With a new Approach
Instead of just saying "Go in!" let's try a little watch and wait.
We're in a downtrend overall from the 4hr, but also at a key level from the 4hr as support. I see it tried to reverse before all the news happened last week, But dropped one more level.
Buy the level, if some reasons present themselves around the 130.5, with a hedge sell below at 130.3 if the buy is taken. Target the next level. Simple just looking for a reaction and retest for entry criteria.
Already seeing very strong reaction off the lower levels on the hourly/15/5 with some conviction. Placing a buy at 1.3052, sell stop hedge at 130.3 about 20 pips of risk. #OPINIONLEADER#
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