You might say that the USD/JPY currency pair had psychological issues today. During today's London session, the pair formed a double bottom at the 90.00 level, setting the stage for a potential recovery of the dollar against the yen. Traders who bought the dip after the break of the 90.50 area, then took profit near the upper Bollinger Band on the 4-hour chart, netted 60 to 75 pips [depending on entry and exit strategy].
Hi
Price action explained very clearly, i throughly enjoyed the video
Thank you for your great videos
beenaontime 2 years ago
good stuff
gomerp13 2 years ago
hi, great vid
cbrsorlo 2 years ago
thanks,nice vid
coxyj1 2 years ago
great video as always
dibs01 2 years ago