USDJPY - Long - 1:2RR
Looking to take a long at 156.784 (Daily resistance)
Confirmations
1. Closed into new range on the daily charts
2. Strong uptrend
3. Price has rejected off entry in the past
4. Monthly looks like it's trying to flip and drive
5. Price is slowing down near entry signalling a possible reversal
Stops are placed below the nearest 4 hour higher low
Confirmations
1. Closed into new range on the daily charts
2. Strong uptrend
3. Price has rejected off entry in the past
4. Monthly looks like it's trying to flip and drive
5. Price is slowing down near entry signalling a possible reversal
Stops are placed below the nearest 4 hour higher low
Trade active
Activated
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.
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.