USDJPY ascending channel strategy in play
USDJPY has a potential upside till the supply area before a sell down to the lowerbound of the channel. This have a clear indication of a good risk to reward strategy.
Note
Bearish momentum seems weak. Advisable to shift SL to Breakeven after closing half lot.
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.