This is was my last trade on USDJPY. I managed to close the trade with 68% profit before the sudden reversal a few hours before the close.
I think that this following week, we’ll see a retrace on the pair. If it doesn’t make a new high then the trend will continue to go bearish. If it does make and close into a new high. I’ll change my view on the pair as bullish.
Forex Backtesting lesson is now out on our forex trading course. Check it out!
Happy weekend you guys.