USDJPY open a buy trade
In mid-October, the price changed the trend.
After false break of strong resistance and return to the line, the price was going to fall to strong support level.
In my previous forecast, we said that the price came to a strong support zone: a line crossing and a level.
The price made a small breakout of this zone, however, rallied again. Since the support line is very strong, the price was able to rise above it provides a good foundation for future growth.
I expect the price to rise. This gives us a good buy signal.
SL - set in case the price falls to the list of support lines.
TP - on the resistance line.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
After false break of strong resistance and return to the line, the price was going to fall to strong support level.
In my previous forecast, we said that the price came to a strong support zone: a line crossing and a level.
The price made a small breakout of this zone, however, rallied again. Since the support line is very strong, the price was able to rise above it provides a good foundation for future growth.
I expect the price to rise. This gives us a good buy signal.
SL - set in case the price falls to the list of support lines.
TP - on the resistance line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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