RaynLim

USDJPY-Weekly Market Analysis-Jun21,Wk2

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Last week I've shared that USDJPY is in a Bullish Flag formation, if you have engaged in it, you would have earned 95pips just on the first target(approx. 930USD/lot) and 153pips to its highest point(approx. 1500USD/lot). These are the opportunities that you have been missing out on, and I hope that you didn't use the trading opportunity trying to figure out.

Well, at this moment, there is a buying opportunity at 108.70. The trade will be valid once it has a bullish confirmation at the price. Remember the Bullish Shark Pattern setup is a Buying Opportunity, not a Selling Opportunity.

My student, happen to have a similar view of the market movement, using a different strategy, check out the TradingView link at the bottom.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
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.