USDJPY HIGHER TF ANALYSIS
Updated
Personally, seeing those continuous pin bars on USDJPY on the weekly TF is not favourable to trade swings. Hence, I will be on the lookout on the smaller TF to look for momentum and hop on trades depending on smaller TF confluences. In depth analysis is mentioned on the chart itself.
Note
I rarely ever look at the weekly charts but I’m glad whenever I do, I have these posts to come back to and see how they’ve played out. As you can see, the flag pattern target was recently met on the 14th of March, while this idea was posted 6 months ago!!! USDJPY on w that bullish momentum!
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