USDJPY BUY
The USDJPY is trending up on the 4hr and 1hr timeframe. I am a trend trader, what I trade is the pullback after a break out in direction of the trend.
The price on USDJPY broke above the previous resistance and is now pulling back. My trade entry signal to continue the uptrend is the formation of bullish candlestick and price provided a hammer; now we place trade.
Thanks.
The price on USDJPY broke above the previous resistance and is now pulling back. My trade entry signal to continue the uptrend is the formation of bullish candlestick and price provided a hammer; now we place trade.
Thanks.
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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.