USD/JPY is in a longterm correction with a high possibility that price will go do the upside. Wait for price to break through the trendline on the upside and make a corrective structure. If price will break the white trendline I will wait for a sell setup to complete the overall 5way corrective structure.
Note
waiting for a corrective structure for a sell opportunity
Trade active
We´re in this trade for a long position
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.
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.