USDJPY Bullish extension signal
USDJPY is trading inside a Channel Up for almost a month.
It priced the last Higher Low on September 11th and now has established the price action over the 4hour MA50.
All Higher Lows have been met with a 4hour MACD Bullish Cross.
As a result this is an extension of the bullish Channel Up wave. Buy and target 148.500 (+1.79% rise as the wave prior).
Previous chart:
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It priced the last Higher Low on September 11th and now has established the price action over the 4hour MA50.
All Higher Lows have been met with a 4hour MACD Bullish Cross.
As a result this is an extension of the bullish Channel Up wave. Buy and target 148.500 (+1.79% rise as the wave prior).
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.