USDJPY - Wait for potential South Impulse
Price is reaching Daily Resistance zone (Red dashed line). Be ready when market is out of buyers and sellers are rushing in.
Wait for confirmation of South impulse in a form of lower time frame channel break before entering the market.
Wait for confirmation of South impulse in a form of lower time frame channel break before entering the market.
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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.