USDJPY LONG
The reasons:
1. Price broke STRONG resistance trend line on DAILY TF;
2. Resistance become support;
3. Price on 4H create double bottom;
4. We can see pinbar, like a PA Confirmation;
5. Stochastik oversold;
SL: 110.00
TP: 111.50
RR: 1:4
What do you think?
1. Price broke STRONG resistance trend line on DAILY TF;
2. Resistance become support;
3. Price on 4H create double bottom;
4. We can see pinbar, like a PA Confirmation;
5. Stochastik oversold;
SL: 110.00
TP: 111.50
RR: 1:4
What do you think?
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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.