USDJPY - Trade The Range!

383
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈USDJPY has been trading within a range between $140 and $150 round numbers and it is currently retesting the upper bound of the range.

📚 As per my trading style:
As #USDJPY is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.