USDJPY Buy the Resistance break out.
USDJPY has reached but yet failed to cross over Resistance A (151.950) since last Wednesday.
The prevailing pattern is a Channel Up so wait until a 1day candle closes over Resistance A and buy the break out.
Target 155.500, which would be a symmetric bullish wave as the first one of this Channel Up.
Previous chart:
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The prevailing pattern is a Channel Up so wait until a 1day candle closes over Resistance A and buy the break out.
Target 155.500, which would be a symmetric bullish wave as the first one of this Channel Up.
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
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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.