Take profit on gold / Do not touch USD/JPY
Good morning.
As usual, the USD/JPY is a chaotic chart,
and apart from steadily taking small profits on the short-term, it’s difficult...
【TradeFollow/USDJPY/5-minute chart】
I won’t go into fine analysis here, but
I was long gold after a triangle range breakout on the 4-hour chart.
I held it as a swing, but since I thought 3,500 would be watched closely,
although it did not reach that level, by looking at the 4-hour chart just before it,
I took profit on Monday evening.
The market conditions continued to be challenging for swing traders, but
as with gold, opportunities can come suddenly,
so it’s important to be well prepared.
With that, I look forward to your continued support this week as well.
【TradeFollow】
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