Hi
I am actually Long USDJPY, the overall trend as you might have checked on higher timeframes is UPTREND. We look to buy . I am continuously adding to my position.
There are also some better zones to buy USDJPY. If we see any confirmation ( Bullish Engulfing ) at fib 0.618 and 0.5 levels where there is also trend line new touch and probably fake out .
I am actually Long USDJPY, the overall trend as you might have checked on higher timeframes is UPTREND. We look to buy . I am continuously adding to my position.
There are also some better zones to buy USDJPY. If we see any confirmation ( Bullish Engulfing ) at fib 0.618 and 0.5 levels where there is also trend line new touch and probably fake out .
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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.