DislikedNZDJPY Short Trade Open: M5/M15 setup, but at end of LS. Yet, it looks very bearish. Time will tell. No TP/SL at this time. {image}Ignored
Closed for gain of 73.8 pips average/total.
Inasmuch as price is again in area of lows, and without knowing how price will move next, I decided to take profit here and wait to see what happens. At this time in the AS the MMs have brought all the JPY pairs back to lows. This "basing" might be the prelude to bullish swings planned by the MMs for these pairs. Cannot know. But currently, all the JPY pairs should still be considered bearish until the Dragon and PA show otherwise.