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U.S. Dollar / Japanese Yen
Long
Updated

Possible Long Opportunity at USDJPY

40
USDJPY

Hourly Chart showed Triple Bottom at 110.90-111 Level
Uptrend Proper Order as All EMAs Moving Upward
Testing Short Term Downtrend Line, Wait for Close above the Resistance to Go Long

4 Hour Chart shows dynamic support at 20 EMA
JPY is the weakest currency in this USD fall

Entry @ 111.32
SL @ 110.90
TP @ 112

Trade active
Move to SL to 110.45
Riskless Trade, let the profit run
Market_ATM
Multiple Time Frame AnalysisSupport and ResistanceTrend Lines

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.
Multiple Time Frame AnalysisSupport and ResistanceTrend Lines
Market_ATM

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.