UPDATE: USDJPY BULLISH FORECAST
In my previous analysis, I shared that the daily chart was showing a Triangle pattern, which if confirmed I would be looking for Longs on Dollar.
As suggested, I would wait and allow the market to provide a clear bullish forecast as the Intraday 1Hr was still trending downwards. That trend change is clear and now let's see how this will play out.
As always, feel free to share your thoughts and feedback in the comments.
Signed,
Samore
As suggested, I would wait and allow the market to provide a clear bullish forecast as the Intraday 1Hr was still trending downwards. That trend change is clear and now let's see how this will play out.
As always, feel free to share your thoughts and feedback in the comments.
Signed,
Samore
Trade active
Market currently playing out as expected. Will provide a new update to express my thoughts.
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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.