USDJPY-Bias long
Bullish indications:
Trend line break out.
Resistance break out .
Double bottom formation from the major support zone.
Fib level 0.5 respected from the rally point 129.799
Bullish divergence in day time frame.
Inverted hammer followed by the bullish engulfer candle at support in day time frame.
Trade plan bias long @ 142.457
SL:141.272
TP1:143.640
TP2:144.690
Trend line break out.
Resistance break out .
Double bottom formation from the major support zone.
Fib level 0.5 respected from the rally point 129.799
Bullish divergence in day time frame.
Inverted hammer followed by the bullish engulfer candle at support in day time frame.
Trade plan bias long @ 142.457
SL:141.272
TP1:143.640
TP2:144.690
Note
TP1 HITTrade closed: target reached
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.
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.