USDJPY, Flip of structure.
USDJPY / 1D
Hello traders, welcome back to another market breakdown.
USDJPY is trading in a down trend, however, I have mentioned all the reasons why I was expecting a reverse around this zone and now the bulls have flipped the structure from bearish to bullish making new highs, lower highs. Until the structure is broken traders should look for longs.
Trade safely,
Trader Leo.
Hello traders, welcome back to another market breakdown.
USDJPY is trading in a down trend, however, I have mentioned all the reasons why I was expecting a reverse around this zone and now the bulls have flipped the structure from bearish to bullish making new highs, lower highs. Until the structure is broken traders should look for longs.
Trade safely,
Trader Leo.
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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.