Hello Traders !
Thank you for taking the time to check out my trading idea.
USD/JPY has retested quasi support of 130.00 which is also the previous point where there is visible change of character within the trend. This was initially prompted by a 500k + job increase for US's Feb NFP Job report.
This pair failed to break below the key level 130 where bulls last regained control . We can also see a long term trendline break and retest.
Before continuing down, if UJ at some point decides to, it looks like price will be liquidity hunting the upside.
Conservative target would be previous HOW
Please like, and share your comments as they help me grow as a trader on this journey as well.
Thanks .
Thank you for taking the time to check out my trading idea.
USD/JPY has retested quasi support of 130.00 which is also the previous point where there is visible change of character within the trend. This was initially prompted by a 500k + job increase for US's Feb NFP Job report.
This pair failed to break below the key level 130 where bulls last regained control . We can also see a long term trendline break and retest.
Before continuing down, if UJ at some point decides to, it looks like price will be liquidity hunting the upside.
Conservative target would be previous HOW
Please like, and share your comments as they help me grow as a trader on this journey as well.
Thanks .
Note
TP1 132.50 hit on trade idea 2/13/23Note
TP 2 HIT, Thank you all for taking the time out to check out my idea GG
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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.