USDJPY Buy Setup
Updated
UJ is in a higher time frame uptrend, had a weekly retrace to 61.8 Fib.
Formed a 4H consolidation zone that had a breakout. Currently waiting for the retest of the zone before entering a buy position.
TP1: 142.300
TP2 : 145.000
Formed a 4H consolidation zone that had a breakout. Currently waiting for the retest of the zone before entering a buy position.
TP1: 142.300
TP2 : 145.000
Order cancelled
Waiting for a new counter trendline to form, direction is still valid unless structure breaks to the downside.
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