USDJPY - Long for a new high ✅
Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. My target is new BOS above last high + imbalance.
Fundamental analysis: Tomorrow we have news on USD, will be released quarterly GDP, but on Friday we have release of Policy Rate and BOJ Press Conference in Japan. Pay attention to this news, as they could invalidate the analysis.
Like, comment and subscribe to be in touch with my content!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. My target is new BOS above last high + imbalance.
Fundamental analysis: Tomorrow we have news on USD, will be released quarterly GDP, but on Friday we have release of Policy Rate and BOJ Press Conference in Japan. Pay attention to this news, as they could invalidate the analysis.
Like, comment and subscribe to be in touch with my content!
❗️Check out my telegram channel with premium content.
t.me/Snick3rSD1
🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5
💵 NPBFX broker - great conditions for trading - nmaffen.com/c1mp99nemznd
t.me/Snick3rSD1
🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5
💵 NPBFX broker - great conditions for trading - nmaffen.com/c1mp99nemznd
Related publications
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.