USDJPY WAITING FOR A BUY ENTRY ON H4
Downtrend on the daily chart
Weekly Support Zone
Great risk-reward ratio
Plan: Waiting for an H4 bullish candle
=> Enter with the stop loss 10 pip below the local swing low.
Target: 106.2 - 106.6
Weekly Support Zone
Great risk-reward ratio
Plan: Waiting for an H4 bullish candle
=> Enter with the stop loss 10 pip below the local swing low.
Target: 106.2 - 106.6
Note
Bull trap #1
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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.