USD/JPY (H4) Long

155
USD/JPY (H4) Long

Monthly:


Strong supporting bias January open is higher than December close .

Weekly:

This weeks Open/Close suggests price may pull back before continuing upwards.

Daily:

Price is above the 200.

H4:

Swing Low:
17th December @ 13:00 (A)

Swing High:
30th December @ 01:00 (B)

Entry Price: 155.616


Stop Loss: 153.161

TP1: 158.071
TP2: 161.094

Feedback is appreciated :)
Trade active
06/01/2025

Still waiting for price to pull into the entry area. The entry criteria may be amended if a new high is created above 158.07 in a scenario like this just let the market do it's thing.

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